Basic information on protection of deposits and investments
Basic information on the protection of deposits
Law 20/2018, of 13 September, which regulates the Andorran Deposit Guarantee Fund and the Andorran Investment Guarantee System, requires banking institutions to provide actual or potential depositors with the information necessary to identify the Andorran Deposit Guarantee Fund (FAGADI). In all cases this information must include the name, registered office, telephone number, Internet and email address of FAGADI, as well as the applicable provisions, and specify the amount, the extent of the guarantees offered and the conditions and formalities required to ensure payment of the guaranteed amount.
Basic information on the protection of deposits
Basic information on the protection of investments
Law 20/2018, of 13 September, which regulates the Andorran Deposit Guarantee Fund and the Andorran Investment Guarantee System, requires banking institutions to provide actual or potential investors with the information necessary to identify the Andorran Investment Guarantee System (SAGI). In all cases this information must include the name, registered office, telephone number, Internet and email address of SAGI, as well as the applicable provisions, and specify the amount, the extent of the guarantees offered and the conditions and formalities required to ensure payment of the guaranteed amount.