On 20 December 2016, Andorra deposited its instrument of ratification for the amending protocol to the EU Savings Directive Agreement that was signed on 12 February 2016, concluding the legal requirements for its entry into force.
The amending protocol adds to the multilateral Convention on Mutual Administrative Assistance in Tax Matters, in respect of Andorra, as instruments of execution of the Organisation for Economic Co-operation and Development (OECD) global standard for the automatic exchange of financial information.
