ANDORRA ADVANCES TOWARD JOINING UN ANTI-CORRUPTION CONVENTION
Corruption is a global problem that weakens democratic institutions and carries the risk of facilitating money laundering and organised crime. International legal instruments and cooperation remain essential for raising awareness, preventing corruption and establishing global standards that strengthen legal frameworks against corrupt practices.
Preventing money laundering and combatting the financing of terrorism are also priorities under the standards established by international organisations. In this context, and alongside efforts to address corruption, the United Nations (UN) intensified its initiatives against money laundering in the early 2000s through the adoption of the United Nations Convention against Transnational Organized Crime (UNTOC) and the United Nations Convention against Corruption (UNCAC), which entered into force on 29 September 2003 and 14 December 2005 respectively.
Although Andorra ratified the UNTOC in 2011, the principality has not yet acceded to the UNCAC, despite priority recommendations issued by international bodies calling for its signature and ratification. As of August 2024, Andorra remains one of seven UN member states that have not yet ratified the UNCAC, alongside Eritrea, Monaco, North Korea, Saint Vincent and the Grenadines, San Marino and Syria.
The prevention, detection and suppression of money laundering and corruption are subject to continuous analysis by international standard-setting and monitoring bodies, including the Financial Action Task Force, the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL), the Group of States against Corruption (GRECO) and the International Monetary Fund (IMF).
Apr-Jun 2026 Issue
Cases Lacambra