# Commission Decision (EU) 2017/123 of 24 January 2017 amending the Annex to the Monetary Agreement between the European Union and the Principality of Andorra, Introduction: Introductory text

Extent: E+W+S+N.I.

Commission Decision (EU) 2017/123
of 24 January 2017
amending the Annex to the Monetary Agreement between the European Union and the Principality of Andorra
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the Monetary Agreement of 30 June 2011 between the European Union and the Principality of Andorra, and in particular Article 8(4) thereof,
Whereas:
(1)
Article 8 of the Monetary Agreement between the European Union and the Principality of Andorra (hereinafter ‘the Monetary Agreement’) requires the Principality of Andorra to implement Union acts concerning the rules on euro banknotes and coins, banking and financial law, prevention of money laundering, prevention of fraud and counterfeiting of cash and non-cash means of payment, medals and tokens and statistical reporting requirements. Those acts are listed in the Annex to the Monetary Agreement.
(2)
The Annex needs to be amended by the Commission every year to take into account the new relevant legal acts and rules of the Union and the amendments to the existing ones.
(3)
Some new relevant legal acts and rules of the Union and some amendments to existing legal acts were adopted and have to be added to the Annex.
(4)
The Annex to the Monetary Agreement should therefore be amended accordingly,
HAS ADOPTED THIS DECISION:

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Source: https://www.legislation.gov.uk/eudn/2017/123/introduction (the official version)
Page: https://openlegislation.uk/eu-decision-2017-123/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.