Regulatory & Legal

Business law changes, compliance, and regulatory updates

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Officially... Algeria is out of the FATF gray list!

Officially... Algeria is out of the FATF gray list!

The action plan supervised by President Tebboune bears fruit as the file for enhanced follow-up is closed. The Minister of Finance and the Governor of the Bank of Algeria lead the delegation to the decisive session in Paris. From Paris, the news that Algeria has been waiting for months has arrived, and the curtain has officially fallen on one of the most important financial and economic files that occupied public authorities over the last two years. After an intensive reform process that included extensive legislative amendments, unprecedented oversight measures, and comprehensive mobilization of various state institutions, the Financial Action Task Force (FATF) decided on Friday to remove Algeria from the gray list of countries under enhanced follow-up, in a clear international recognition of the effectiveness of the reforms undertaken and the country's success in aligning with...

Jun 19, 2026echoroukonline.com
Taxes: Exceptional Opening of the Tax Collection Office of the Directorate of Major Enterprises Tomorrow Saturday

Taxes: Exceptional Opening of the Tax Collection Office of the Directorate of Major Enterprises Tomorrow Saturday

The General Directorate of Taxes announced the exceptional opening of the tax collection office affiliated with the Directorate of Major Enterprises tomorrow Saturday. The directorate's statement clarified that the office will receive tax officials from the Directorate of Major Enterprises from 9 AM to 4 PM, allowing them to complete various procedures and operations related to their tax obligations. View the full content on Echourouk Online.

Jun 19, 2026echoroukonline.com
229.5 million centimes is the value of the zakat threshold in Algeria

229.5 million centimes is the value of the zakat threshold in Algeria

On the occasion of the arrival of the Hijri year 1448, the Ministry of Religious Affairs and Endowments announced on Thursday evening in a statement that the zakat threshold for the past Hijri year was estimated at 2,295,000 dinars, 229.5 million centimes. The mentioned amount represents the value of 20 gold dinars, or the equivalent of 85 grams of the yellow metal, which was set at the beginning of this Hijri year by the National Agency for the Transformation and Distribution of Gold and Precious Metals (AGENOR) at 27,000 dinars (18-carat). View the full content on Echourouk Online.

Jun 18, 2026echoroukonline.com
Officially... Banks Open Their Doors on Saturday Starting from July 10

Officially... Banks Open Their Doors on Saturday Starting from July 10

The 'Bank of Algeria' is behind the adoption of the new system to bring banking services closer to customers, reducing 4 hours on Thursday and reorganizing work to ensure compliance with the legal working hours. Bank branches and financial institutions in Algeria will start operating on Saturday from July 10, 2026, according to a weekly duty system that extends from 9 AM to noon, in implementation of instructions issued by the Bank of Algeria aimed at improving customer access to banking services. The measure includes various banking institutions across the country, with a reorganization of the working hours of the employees involved in the duty to ensure compliance with the legal working hours. This decision comes as part of enhancing the continuity of banking services...

Jun 18, 2026echoroukonline.com
After ports.. banks also operate on Saturday starting from July 10

After ports.. banks also operate on Saturday starting from July 10

The Professional Association of Banks and Financial Institutions (ABAF) informed its executive directors, in an official correspondence numbered 448/2026 dated June 17, 2026, in Algiers, of the necessity to start organizing banking services on Saturday from 09:00 to 12:00 for the benefit of customers. The correspondence, addressed to 'the general managers of banks', which has the subject: 'Regarding the implementation of Saturday services', and refers to a previous correspondence numbered 179/2026 dated 15/06/2026, stated that the association received a letter from the Bank of Algeria as part of improving citizens' access to banking services and facilitating their financial transactions. Read the full content on Echourouk Online.

Jun 18, 2026echoroukonline.com