Banking & Finance

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Regulatory & Legal
The gold market under the tax microscope… and measures against money laundering!

The gold market under the tax microscope… and measures against money laundering!

Linking activity to digital platforms for tax administration and enhancing the tracking of invoices and declarations is part of the process to exit the gray list of FATF. The authorities have begun to expand the scope of digitization and oversight of certain economic activities classified as sensitive sectors, primarily the trade of precious metals and jewelry, which are among the areas that receive special attention in international standards for combating money laundering and terrorist financing. This comes in the context of Algeria continuing to implement reforms related to enhancing financial transparency and combating money laundering, to exit the gray list of the Financial Action Task Force, known as FATF. In this regard, the Minister requested...

Mar 8, 2026echoroukonline.com
Banking & Finance
Stability of Gold Prices

Stability of Gold Prices

Gold prices stabilized significantly today, Friday, after falling by more than one percent in the previous session. Gold remained at $5076.09 per ounce in spot transactions. U.S. gold futures for April delivery rose 0.1 percent to $5084.50. The dollar slightly declined, making the precious metal cheaper for holders of other currencies. The price increased …

Mar 6, 2026al24news.dz
Banking & Finance
Gold Continues to Rise Amid Geopolitical Concerns

Gold Continues to Rise Amid Geopolitical Concerns

Gold prices rose on Thursday, supported by increased demand for safe assets amid the widening conflict in the Middle East, although a recovery in the dollar limited gains for the precious metal. According to trading data, gold rose in spot transactions by 0.7 percent to reach $5161.77 per ounce by 08:40 GMT, while U.S. gold futures for April delivery increased by 0.5 percent to $5161.30. Read the full content on الشروق أونلاين.

Mar 5, 2026echoroukonline.com
Regulatory & Legal
More measures to expedite Algeria's exit from the FATF list

More measures to expedite Algeria's exit from the FATF list

As part of expediting Algeria's exit from the Financial Action Task Force (FATF) list, preparations are underway to launch a decree establishing the National Competence Certificate (CNA-CAC) as a mandatory requirement before the practical training of auditors, to ensure professionals' ability to detect fraud and combat money laundering. In parallel, the National Chamber of Accountants is organizing the second edition of the International Auditing Days on June 29 and 30, 2026, to present the latest legal and professional tools in enhancing financial transparency and combating abuses. An executive decree is expected to be issued to establish the National Competence Certificate in the tasks of auditors (CNA-CAC) as a mandatory phase preceding the practical training, in a step aimed at regulating access to...

Mar 3, 2026echoroukonline.com
Banking & Finance
New agreements with all banks to grant loans exceeding 50 billion dinars

New agreements with all banks to grant loans exceeding 50 billion dinars

The Director General of the Loan Guarantee Fund for Small and Medium Enterprises, El Hadi Tamam, announced the signing of agreements with all licensed banks in Algeria to grant loans exceeding 50 billion dinars, with a guarantee of up to 70 percent to cover the risks borne by the banks. Tamam confirmed, during his appearance on the Multimedia Economy program on Algerian Radio, that the fund has provided loan guarantees exceeding 170 billion dinars since its inception, while the total value of funded projects has surpassed 60 billion dinars, creating 130,000 job positions. Watch the full content on Echourouk Online.

Mar 2, 2026echoroukonline.com