Andorra's financial sector has demonstrated resilience and reform following the 2015 Banca Privada d’Andorra (BPA) scandal. In response to allegations of money laundering, Andorran authorities swiftly intervened, taking control of BPA and implementing measures to stabilize the banking system. Subsequently, Andorra has aligned its financial regulations with international standards, enhancing transparency and strengthening anti-money laundering controls. These reforms have solidified Andorra's reputation as a compliant and robust financial hub.​ https://andorrafacts.com/andorras-financial-sector-a-strong-foundation-amid-the-bpa-scandal/