Cover; Contents; Glossary; Preface; Executive Summary; Key Recommendations and Authorities' Response; Introduction; I. Financial System Overview; A. Background; B. Financial Institutions and Markets; Figures; 1. Size of the Banking Sector in Selected Financial Centers, end-2004; Tables; 1. Financial Structure; 2. Banking System Ownership Structure, as of December 2005; 3. Banking System Indicators; 2. Deposits, Securities in Custody and Derivatives, as of December 2005; 4. Insurance Sector, as of December 2005; C. Legal and Institutional Framework; 5. Securities Market, as of December 2005
II. Strengths and Vulnerabilities of the Financial Supervisory and Regulatory ArrangementsA. Cross Sectoral Issues; B. Sectoral Findings; C. Cross-Border Cooperation and Information Exchange; Appendices; I. History of the Andorran Banking System; II. Follow up of Implementation of Recommendations Contained in the 2002 Module 2 Report; III. Reports on the Observance of Standards and Codes; Appendix Table; 6. Recommended Action Plan to Improve Compliance with the Basel Core Principles
Summary
Andorra: Assessment of Financial Sector Supervision and Regulation