The Algeria Market Authority organized a study and awareness day on the objectives of a sectoral risk assessment for money laundering, terrorist financing and the financing of weapons of mass destruction in the securities sector. The session brought together financial market participants including brokerage intermediaries, the stock exchange management company and private equity firms to review the sector’s risk profile and discuss risk mitigation priorities. The discussion revisited the national money laundering and terrorist financing risk assessment report published in June 2024, which includes the securities sector, and examined its conclusions. Participants also discussed the results of the Financial Action Task Force mission to Algeria in 2022, along with the main proposals for a securities sector roadmap aimed at reducing money laundering, terrorist financing and proliferation financing risks and monitoring progress in the ongoing effort to strengthen the national financial environment.
Algeria Market Authority (COSOB)2025-04-06
Algeria Market Authority convenes securities sector workshop on money laundering terrorist financing and proliferation financing risks
The Algeria Market Authority held a securities sector workshop focused on sectoral risks related to money laundering, terrorist financing and proliferation financing. It reviewed Algeria’s June 2024 national risk assessment and the 2022 Financial Action Task Force mission findings, and discussed proposals for a sector roadmap to reduce those risks.