Algeria's progress in strengthening measures to tackle money laundering and terrorist financing

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English

Country

Algeria

Algeria Enhanced Follow-Up Report 2025

May 2025 - Algeria has made progress in resolving some of the technical compliance shortcomings identified in its 2023 Mutual Evaluation Report.

Five Recommendations have been re-rated.

  • Recommendation 16 has been re-rated from non-compliant to largely compliant
  • Recommendations 10, 11 and 18 have been re-rated from partially compliant to largely compliant
  • Recommendation 19 has been re-rated from non-compliant to partially compliant

Algeria has 20 Recommendations rated C/LC.

The country remains in enhanced follow-up.

MENAFATF Enhanced Follow-Up Report Algeria - 2025

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Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

Algeria Enhanced Follow-Up Report 2025

R.1 - Assessing risk & applying risk-based approach
NC
R.2 - National cooperation and coordination
PC
R.3 - Money laundering offence
LC
R.4 - Confiscation and provisional measures
LC
R.5 - Terrorist financing offence
C
R.6 - Targeted financial sanctions related to terrorism & terrorist financing
PC
R.7 - Targeted financial sanctions related to proliferation
NC
R.8 - Non-profit organisations
NC
R.9 - Financial institution secrecy laws
PC
R.10 - Customer due diligence
LC
R.11 - Record keeping
LC
R.12 - Politically exposed persons
PC
R.13 - Correspondent banking
NC
R.14 - Money or value transfer services
LC
R.15 - New technologies
NC
R.16 - Wire transfers
LC
R.17 - Reliance on third parties
N/A
R.18 - Internal controls and foreign branches and subsidiaries
LC
R.19 - Higher-risk countries
PC
R.20 - Reporting of suspicious transactions
LC
R.21 - Tipping-off and confidentiality
LC
R.22 - DNFBPs: Customer due diligence
PC
R.23 - DNFBPs: Other measures
PC
R.24 - Transparency and beneficial ownership of legal persons
NC
R.25 - Transparency and beneficial ownership of legal arrangements
NC
R.26 - Regulation and supervision of financial institutions
LC
R.27 - Powers of supervisors
LC
R.28 - Regulation and supervision of DNFBPs
LC
R.29 - Financial intelligence units
LC
R.30 - Responsibilities of law enforcement and investigative authorities
LC
R.31 - Powers of law enforcement and investigative authorities
LC
R.32 - Cash couriers
PC
R.33 - Statistics
C
R.34 - Guidance and feedback
PC
R.35- Sanctions
PC
R.36 - International instruments
PC
R.37 - Mutual legal assistance
LC
R.38 - Mutual legal assistance: freezing and confiscation
LC
R.39 - Extradition
LC
R.40 - Other forms of international cooperation
NC

C = compliant   |   LC = largely compliant     |   PC = partially compliant   |   NC = non-compliant

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