REPORT (COM(2025)0406 – C100203/2025 – 2025/0224(NLE))
On the proposal for a Council decision on the conclusion, on behalf of the Union, of the Amending Protocol to the Agreement between the European Union and the Principality of Andorra on the automatic exchange of financial account information to improve international tax compliance
A-10-2025-0199
Committee on Economic and Monetary Affairs · Rapporteur: Kinga Kollár
- Voted on · Adopted 605–29–0 · See the decision →
- Full procedure 2025/0224
✦ In short · AI summary of this text, generated 4 Sept 2026
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Parliament approves the conclusion of the Amending Protocol to the EU-Andorra agreement on automatic exchange of financial account information, which updates the agreement to align with revised international standards and EU rules.¶¶¶
Committee position. The rapporteur proposes that Parliament approves the proposal without amendments, under a simplified procedure, while noting that Parliament should be involved earlier in future.¶
Key points
- Approves the conclusion of the Amending Protocol to the Agreement between the EU and Andorra on automatic exchange of financial account information.¶
- The Protocol aligns the agreement with the updated Common Reporting Standard (CRS) and EU Directive (EU) 2023/226 (DAC8), extending scope to electronic money and central bank digital currencies.¶
- The Protocol updates data protection references, replacing Directive 95/46/EC with the GDPR (Regulation (EU) 2016/679).¶
- The updated CRS rules apply from 1 January 2026, with DAC8 provisions applying in the EU from that date.¶