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Business law changes, compliance, and regulatory updates

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Algeria - The Minister of Internal Trade and National Market Regulation, Amel Abdel Latif, chaired a coordination meeting today, Tuesday, in Algiers, with regional trade directors to review the weekend duty program coinciding with Independence and Youth Day, according to a statement from the ministry.

Economy DZD aliqtissad dz Algeria economy news

Economy Dz aliqtissad dz Algeria economy news

Algeria - PricewaterhouseCoopers Algeria announced the merger of its previously conducted activities with Bassa Audit Services Algeria, effective July 1, 2026, into a new entity called 'Sovereign Business and Strategies', according to a statement from the company today, Tuesday.

The Professional Association of Banks and Financial Institutions (ABEF) announced the extension, until December 31, 2026, of the exceptional authorization granted to banks for the domiciliation of import invoices including freight charges. In a correspondence addressed to the general managers of banks, dated June 28, 2026, ABEF indicates that it has been contacted by the services of the Ministry of Foreign Trade and Export Promotion regarding this measure, initially implemented as an exception. This decision thus allows establishments...

NOTICE OF CONSULTATION No. O3/APS/2026

Reuters reported, citing an official regulatory report from the European Union, that the bloc's part of the trade agreement signed with the United States last year will come into effect starting July 1, 2026, including the elimination of tariffs on many American industrial goods. The agency added that the new rules will remain in effect until December 31, 2029, with the possibility of extension later, as the report indicated that the European Commission will present, when appropriate, and after a comprehensive assessment, a legislative proposal to extend the validity period of the regulation.

Starting tomorrow, Wednesday, the European Union will implement a new fee of 3 euros on low-value imported parcels, in a move aimed at regulating e-commerce and curbing the increasing flow of goods coming from abroad, especially from China, while enhancing customs control and achieving fairer competition.

The Bank of Algeria has issued a new directive regarding the methods for determining excessive interest rates on loans, which took effect immediately upon issuance. The directive number 06-2026 dated June 29, 2026, amends directive number 8-2016 dated September 1, 2016, concerning the methods for determining excessive interest rates on loans. According to the first article of the text of the directive published by the Bank of Algeria, …

Interest becomes excessive if it exceeds the market average by more than 5 percentage points. The decision amends instruction 08-2016 regarding the determination of excessive interest rates in a step aimed at recalibrating the legal framework governing the calculation of excessive interest on bank loans. The Bank of Algeria issued a new instruction that modifies the provisions of the instruction in force since 2016, clarifying the reference standard used for classifying loans with excessive interest rates, and establishes the total effective interest rate as the main criterion for measuring the cost of financing. The Bank of Algeria issued instruction number 06-2026, dated June 29, 2026, signed by the bank governor, Mohamed Amine Labou, to amend instruction number 08-2016.

The Bank of Algeria has issued a new directive amending the provisions for determining excessive interest rates on loans, signed by the bank's governor, Mohamed Amine Labou, aimed at recalibrating the regulatory framework for pricing bank loans and enhancing borrower protection from inflated interest rates. The directive No. 06-2026, dated June 29, 2026, relates to the amendment of directive No. 08-2016 issued on September 1, 2016, concerning the methods for determining excessive interest rates, which came into effect from the date of its signing. Read the full content on Echourouk Online.