Algeria is intensifying its fight against money laundering and terrorist financing in an effort to be removed from the Financial Action Task Force’s (FATF) “grey list.” Added to the list in October 2024, the country has since implemented a series of measures to strengthen its financial regulations. New obligations have been imposed on Algerian accountants, effective January 2025, as part of this broader strategy. The Ministry of Finance established a working group to oversee the implementation of these changes. These measures aim to enhance transparency and accountability within the financial system. Algeria hopes these steps will demonstrate sufficient progress to the FATF and lead to its removal from the watchlist. Further details regarding the specific obligations for accountants have not yet been released.