New Law Bars Individuals Convicted of Tax Fraud, Money Laundering and Terror Financing from Commercial Activity
BY Dr. Hana Saada
ALGIERS – A new legal framework published in the latest issue of the Official Gazette sets out stricter conditions governing the exercise of commercial activities and access to the commercial register.
According to the provisions of the new law, individuals convicted of tax fraud and money laundering cases are prohibited from engaging in commercial activities or registering in the commercial register. The same restriction applies to persons convicted in cases related to the financing of terrorism, acts of sabotage, and the financing of the proliferation of weapons of mass destruction.
The law further extends the prohibition to individuals and entities included in the unified sanctions list, as well as those classified on lists of designated terrorist persons and organisations.
The measure forms part of a broader regulatory tightening aimed at strengthening financial transparency, improving compliance mechanisms, and aligning national legislation with international standards in the fight against financial crime, terrorism financing, and illicit economic activities.
— 𝐄𝐍𝐃 —
Dzair Tube Media Group | Record and Standing
Dzair Tube is a leading Algerian digital journalism platform, delivering high-quality content in Arabic, French, and English. With a daily readership exceeding 500,000, it has established itself among the country’s most influential media organizations.
Recognized for editorial excellence and integrity, Dzair Tube was awarded the President of the Republic’s Prize for Professional Journalist in the Electronic Press category on 22 October 2022. The platform operates from state-of-the-art studios, producing diverse programming across news, sports, culture, entertainment, and religion.
Dzair Tube maintains a robust digital presence, with over 600,000 YouTube subscribers, six million followers across Facebook pages, and more than 70,000 Instagram followers. Its sports daily, Dzair Sport, enjoys over 50,000 daily downloads via its official website, cementing its leadership in multimedia journalism.
Further recognized with the Media Leadership Award by former Minister of Communication Mohamed Laâgab and celebrated at the Hilals of Television awards, Dzair Tube continues to set benchmarks in innovation, influence, and public engagement, serving as a key forum for civic discourse, critical analysis, and public affairs.
Official website: www.dzair-tube.dz | English: www.dzair-tube.dz/en
