Regulatory & Legal

Business law changes, compliance, and regulatory updates

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New Directive from the Bank of Algeria to Combat Fraud and Suspicious Transactions

New Directive from the Bank of Algeria to Combat Fraud and Suspicious Transactions

The Governor of the Bank of Algeria, Mohamed Lamine Labo, announced the issuance of a new directive for banks within a week regarding the implementation of 'Know Your Customer' (KYC) standards, in order to adapt the national banking system to the transformations occurring in financing methods. According to Algerian television, Labo clarified during a dialogue session held today, Tuesday, April 28, as part of the second edition of the 'CEO Survey' at the International Conference Center 'Abdelatif Rahal' that this directive will be mandatory for all banks, taking into account the specificities of the activities of economic operators, who can, based on a simple declaration, disclose their future income and how it will be used 'without facing obstacles'.

Apr 28, 2026echoroukonline.com
The draft law on commercial activities will constitute a qualitative addition in the process of modernizing the legal system of the sector

The draft law on commercial activities will constitute a qualitative addition in the process of modernizing the legal system of the sector

Algeria - The Minister of Internal Trade and Regulation of the National Market, Amel Abdel Latif, confirmed before the members of the National People's Assembly that the amended and supplemented draft law of Law No. 04-08 concerning the conditions for exercising commercial activities will constitute a 'qualitative addition' in the process of modernizing the legal system of the sector.

Apr 28, 2026aps.dz
Signing of an agreement between Algeria and Sweden for carbon removal from the industrial sector in Algeria - Iqtissad Al Balad

Signing of an agreement between Algeria and Sweden for carbon removal from the industrial sector in Algeria - Iqtissad Al Balad

Under the supervision of the Ministry of Energy and Renewable Energies, an agreement was signed today, Tuesday, April 28, 2026, regarding the 'Partnership Program for Carbon Removal from the Industrial Sector in Algeria', between the Electricity and Gas Regulatory Commission and the International Council of Swedish Industry.

Apr 28, 2026iqtissadalbalad.dz
Minister of Health participates in the commemoration of World Day for Safety and Health at Work and emphasizes the importance of prevention in the workplace

Minister of Health participates in the commemoration of World Day for Safety and Health at Work and emphasizes the importance of prevention in the workplace

At the invitation of the Minister of Labor, Employment and Social Security Abdelhak Sayhi, Minister of Health Professor Mohamed Sidik Ait Massoudan participated today, Tuesday, April 28, 2026, in the ceremonies commemorating World Day for Safety and Health at Work, organized at the family center of the National Social Insurance Fund for Wage Earners in the capital, in the presence of officials and representatives of national and international bodies.

Apr 28, 2026iqtissadalbalad.dz
Organizing the Marketing of Medicines in Pharmacies: A Meeting Between Gouidri and the Ethics Council

Organizing the Marketing of Medicines in Pharmacies: A Meeting Between Gouidri and the Ethics Council

The Minister of Pharmaceutical Industry, Wassim Gouidri, discussed with the President of the National Council for Pharmacy Ethics, Nourredine Metoui, ways to organize the marketing of medicines at the pharmacy level, ensuring their availability to patients in safe conditions, during a meeting held between the two parties in the presence of council members. According to a statement from the Ministry of Pharmaceutical Industry, the meeting, which took place yesterday, Monday, at the ministry's headquarters, was requested by the council president and provided an opportunity to address professional concerns related to pharmacy activity, particularly the mechanisms to regulate the marketing of medicines and enhance oversight within pharmacies. Watch the full content on Echourouk Online.

Apr 28, 2026echoroukonline.com