The President of the Algiers Court, Mohamed Bouderbala, emphasized that serious financial crimes, led by money laundering and terrorism financing, pose a direct threat to the national economy, the credibility of the financial system, and social stability.
During his speech on Wednesday at a study day titled “New Developments in Preventing and Combating Money Laundering and Terrorism Financing in Light of Law No. 25-10,” held at the Algiers Court headquarters, Bouderbala stated that this meeting holds special importance as it provides an institutional space for the exchange of views and expertise between judges and various actors.
Bouderbala stressed that the judiciary, as the cornerstone of law enforcement, is called upon to play its full role in activating legal texts through the strict and precise application of their provisions, unifying judicial jurisprudence, and enhancing specialized training to ensure efficiency and effectiveness in combating this type of crime.
The speaker highlighted the importance of this study day, noting that it serves as a forum for exchanging views and expertise between judges and various stakeholders to deepen the practical understanding of the new legal texts and overcome difficulties that may arise in field practice.
The President of the Algiers Court explained that this study day is not limited to the exchange of information, but represents a platform for building a network of cooperation between institutions and experts. He added that the battle against money laundering and terrorism financing is not the responsibility of one agency over another, but rather a state battle that requires collective vigilance and continuous coordination among all actors, including judges, lawyers, notaries, financial experts, and oversight bodies.
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