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Immediate Compliance of Accountants with International 'FATF' Standards

January 3, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Immediate Compliance of Accountants with International 'FATF' Standards

The President of the National Council of the National Chamber of Accountants, Mohamed Yahiaoui, issued strict recommendations to all accountants at the beginning of this year, emphasizing the immediate and complete compliance with the standards of the Financial Action Task Force 'FATF' as a critical element in supporting Algeria's exit from the gray list. He also specified the national laws that must be adhered to, which are 4 legal texts and 12 executive decrees. Yahiaoui confirmed that the profession of accountant is no longer a neutral technical role, but has become a direct national defense line against money laundering and the financing of terrorism, placing a heavy legal and ethical responsibility on its holders to protect the national economy. Yahiaoui warned that compliance is no longer a professional option, but a necessity.

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