Legal Shield and Full Guarantees for Those Who Report Money Launderers: No Prosecution or Criminal Charges for Accountants Who Report Suspicious Transactions, Even If the Accused is Later Found Not Guilty. The National Accountants' Chamber has Assured Its Members that They Have a Legal Shield Protecting Them from Any Prosecution or Criminal Charges When Reporting Suspicions of Money Laundering, Even If the Accused is Later Found Not Guilty. This Comes at a Time When a Large Number of Reports Have Been Filed Recently, Most of Which Are Related to the Import Sector, While Guidelines Have Been Given to Accountants to Confirm That the Professional Secret of the Trader or Client Remains Intact Unless the Law is Violated, and They Have Been Informed of the Possibility of Reporting Suspicious Transactions After Completing the Process...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Algeria - The General Directorate of Taxes announced today, Sunday, in a statement, the extension of the deadlines for subscribing and submitting a number of tax declarations for taxpayers subject to the real profit system and the single flat-rate tax system, in order to enable them to meet their tax obligations under the best conditions.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.