الجزائر KYC, KYB & AML

Law No. 05-01 of 6 February 2005 is the principal preventive statute. Law No. 25-10 of 24 July 2025 is the latest reviewed amendment and added or strengthened risk-based controls, customer and beneficial-owner due diligence, PEP measures, targeted sanctions, virtual-asset prohibitions and penalties.

CTRF is the specialised financial-intelligence body and exclusive STR recipient. Its e-DS secure online platform is the current published electronic route, using the prescribed CTRF declaration content.

As soon as suspicion exists. The duty can apply after execution where the transaction could not be suspended or later information creates suspicion. Attempted activity and later information reinforcing or refuting the suspicion must also be handled promptly.

No general multi-day grace period was identified in the reviewed law. The operative rule is to report as soon as suspicion exists, and covered Banque d'Algerie instruments use immediate or prompt language for relevant suspicious activity.

Executive Decree No. 23-429 uses at least 20% of capital or voting rights, followed by control through other factual or legal means and then the legal-representative fallback. The percentage is not the only ownership or control test.

An Algerian legal person files with the CNRC within one month after formation or registration and within one month after a change. A separate form is required for each beneficial owner, and electronic filing is available.

No. The public register is an important verification source, but a reporting entity must still understand the full ownership and control chain, verify the natural persons and resolve discrepancies against reliable independent evidence.

Law No. 25-10 requires risk-proportionate refresh and no more than one year for high-risk customers. Banque d'Algerie Instruction No. 04-2026 specifies at least annual review for high risk, with maximum cycles of three years for medium risk and five years for low risk for institutions within its scope.

The institution should not establish or execute the relationship or transaction, or should close or end the existing relationship where required, and must consider whether the circumstances should be reported to CTRF without alerting the customer.

Identify PEPs, family members and close associates; establish source of funds and source of wealth; obtain approval from the legal person's decision-making body before starting or continuing; and apply enhanced continuous monitoring.

At least five years. Identity and address records run from account closure or relationship end, while transaction records run from execution. The BO register also has a minimum five-year post-expiry or post-dissolution rule.

For covered banks, financial institutions and Algerie Poste, Instruction No. 04-2024 uses USD 1,000 equivalent for the full verified originator and beneficiary information set. Transfers below the threshold still require specified minimum data and verification where suspicion exists.

No licensing route should be inferred. Law No. 25-10 prohibits issuing, buying, selling, using, holding, trading or promoting virtual assets, operating exchange platforms and cryptocurrency mining. Covered institutions must block and report related attempts or transactions.

No universal cash-threshold report was verified in the reviewed current primary sources. Statutory occasional-CDD thresholds and cashless-payment rules must not be relabelled as automatic CTRF cash reports. Obtain current authority confirmation before configuring one.

Freeze or seize covered assets without delay and without prior notice, prevent funds or services being made available and notify the competent authorities under the applicable procedure. A sanctions freeze must not wait for the separate STR decision.

Yes. Map the processing purpose and legal basis, complete the applicable ANPDP declaration or authorisation, assess biometric necessity and security, and obtain ANPDP authorisation before a foreign transfer unless a statutory exception is confirmed.

The reviewed five-day rule sits within Law No. 25-11's special title for prevention, investigation, prosecution and penal processing, so it should not be presented as a universal commercial deadline. Public communications-network providers have a separate without-delay duty; other controllers should confirm the applicable incident rule with ANPDP.

No. FATF removed Algeria from increased monitoring on 19 June 2026 after completion of its action plan. Algeria should continue working with MENAFATF to sustain the improvements, and institutions must still apply their normal documented risk-based controls.