The Central Bank of Algeria, in cooperation with the Association of Banks and Financial Institutions (ABEF), held a training day focused on strengthening the management of financial crime-related risks. The session targeted obliged institutions and centred on applying a risk-based approach and implementing legal and regulatory requirements on anti-money laundering, counter-terrorist financing, and the financing of the proliferation of weapons of mass destruction. The training aimed to deepen participants’ understanding of risk identification and assessment, and to support more proactive risk mitigation. Discussions also highlighted the role of stronger internal control mechanisms, alongside enhanced coordination and expertise-sharing across institutions. The event forms part of a wider series of Central Bank of Algeria trainings for banks, financial institutions and the financial services of Algeria Poste, with the Central Bank of Algeria and ABEF planning to continue the programme.
Central Bank of Algeria 2025-09-01
Central Bank of Algeria holds ABEF training on strengthening financial crime risk management
The Central Bank of Algeria, in collaboration with the Association of Banks and Financial Institutions, conducted a training day to enhance management of financial crime-related risks. The session focused on a risk-based approach to anti-money laundering, counter-terrorist financing, and the financing of weapons proliferation. This event is part of a broader training series for financial institutions in Algeria.