The Bank of Algeria has issued a landmark new directive \u2014 numbered 04-26 and dated April 30, 2026 \u2014 establishing a comprehensive and detailed legal framework to combat money laundering, terrorism financing, and the proliferation of weapons of mass destruction.<\/p>\n
The directive, obtained exclusively by dzwatch<\/strong>, implements the provisions of Regulation 03-24 of July 24, 2024, and introduces a rigorous four-tier Know Your Customer (KYC) compliance system binding on all banks, financial institutions, and financial services operating under the Bank of Algeria’s supervision.<\/p>\n Under the new rules, financial institutions are obligated to verify the identity of all clients \u2014 including occasional customers, legal representatives, and any individual acting on behalf of an account holder \u2014 while systematically updating customer files and refusing any business relationship that fails to meet transparency standards.<\/p>\n Institutions must also report suspicious transactions immediately to the Financial Intelligence Processing Unit. The directive marks a decisive qualitative leap in Algeria’s financial oversight architecture, reinforcing the country’s commitment to international anti-financial crime standards.<\/p>\n","protected":false},"excerpt":{"rendered":" The Bank of Algeria has issued a landmark new directive \u2014 numbered 04-26 and dated April 30, 2026 \u2014 establishing a comprehensive and detailed legal framework to combat money laundering, terrorism financing, and the proliferation of weapons of mass destruction. The directive, obtained exclusively by dzwatch, implements the provisions of Regulation 03-24 of July 24, …<\/p>\n","protected":false},"author":1,"featured_media":59830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":1,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-59831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/59831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59831"}],"version-history":[{"count":0,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/59831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/59830"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}