Law 05-01 of 2005 on Preventing Money Laundering and Financing Terrorism
Category: Anti-corruption
Member State: Algeria
Document Language: English
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Law 05-01 of 2005 on Preventing Money Laundering and Financing Terrorism

February 2005

Law 05-01 was issued by the President of the Republic on 6 February 2005 . This Law related to the prevention and combating of money laundering and terrorist financing cancels some provisions of Law No.02-11 issued on 24 December 2004 related to the the Financial Budget of 2003. Law 05-01 indicates the measures to prevent Money Laundering and Financing Terrorism .