Andorra. New legislation makes companies in Andorra
obliged to hire auditors and to report on accounts, if
assets, turnover and number of employees exceed a certain
limit. Despite the new law and other reforms for increased
public transparency in the financial sector, according to
Countryaah reports, Andorra still
remained at the end of the year on the OECD's "black list"
of non-cooperative tax havens.