Combating Money Laundering and Terrorist Financing in Light of the Amendments Brought by Law 23-01 Analytical and Critical Study

Abstract

The article addresses the framework that Algeria worked to list the sources of financing for terrorist organizations, whether internally or externally. It issued Law No. 05-01 of February 6, 2005 regarding the prevention and combating of money laundering and terrorist financing, which was amended several times until Law 23-01 of 07 was issued February 2023. Thus, the Algerian legislator combined deterrent and preventive measures, emphasizing the role of financial and banking institutions in the field of contribution. In suppressing suspicious transactions and placing obligations on banks that must be fulfilled.