Andorran Financial Authority (AFA), known as ''Andorran National Institute of Finance'' (''INAF'') between 1989 and 2018, is a public financial institution founded in 1989 that provides functions of
financial regulation
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest consi ...
and control of the
financial sector
Financial services are economic services tied to finance provided by financial institutions. Financial services encompass a broad range of service sector activities, especially as concerns financial management and consumer finance.
The financ ...
in
Andorra
Andorra, officially the Principality of Andorra, is a Sovereignty, sovereign landlocked country on the Iberian Peninsula, in the eastern Pyrenees in Southwestern Europe, Andorra–France border, bordered by France to the north and Spain to A ...
.
Its regulatory task was used for describing the government measures to solve the
Banca Privada d'Andorra
Banca Privada d'Andorra (, BPA) was a bank in Andorra founded in 1957.
History
Banca Privada d'Andorra was created in 1957 under the name of Banca Cassany and began its activities in 1958. In 1993 Caixa Catalunya became a shareholder and the e ...
financial crisis in 2015.
See also
*
List of financial regulatory authorities by jurisdiction
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set ...
References
External links
Homepage
Banks of Andorra
Central banks
Banks established in 1989
1989 establishments in Andorra
{{Andorra-stub