{"id":492115,"date":"2026-06-20T13:09:28","date_gmt":"2026-06-20T13:09:28","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/06\/20\/algeria-removed-from-the-fatf-grey-list-a-major-turning-point-for-the-countrys-financial-credibility\/"},"modified":"2026-06-20T13:09:37","modified_gmt":"2026-06-20T13:09:37","slug":"algeria-removed-from-the-fatf-grey-list-a-major-turning-point-for-the-countrys-financial-credibility","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/06\/20\/algeria-removed-from-the-fatf-grey-list-a-major-turning-point-for-the-countrys-financial-credibility\/","title":{"rendered":"Algeria removed from the FATF grey list: a major turning point for the country’s financial credibility"},"content":{"rendered":"
<\/div>\n

By Prof. Abderrahmane Mebtoul<\/strong>
University professor, PhD in economics, certified accountant from the Institut sup\u00e9rieur de gestion de Lille, former Director General of Economic Studies and former First Counselor at the Court of Auditors.<\/em><\/p>\n\n\n\n

The decision made on June 19, 2026<\/strong> by the Financial Action Task Force (FATF)<\/strong> marks an important step for Algeria. Meeting in plenary session in Paris, the international organization responsible for combating money laundering and terrorist financing (AML\/CFT) officially removed Algeria from its list of jurisdictions under enhanced monitoring, commonly known as the “grey list”. Namibia also benefits from this decision.<\/p>\n\n\n\n

This development is a positive signal to international investors, financial institutions, and credit rating agencies. It attests to the progress made by Algeria in aligning its anti-money laundering and counter-terrorist financing framework with international standards.<\/p>\n\n\n\n

The FATF, established in 1989, brings together the world’s leading economies as well as several regional organizations. It publishes two reference lists three times a year: the “blacklist”, which identifies jurisdictions with major strategic deficiencies and calls for action, and the “grey list”, which includes countries engaged in a reform program under enhanced monitoring.<\/p>\n\n\n\n

On February 21, 2025, Algeria was among the jurisdictions subject to enhanced monitoring, alongside countries such as South Africa, Angola, Burkina Faso, Cameroon, C\u00f4te d’Ivoire, Kenya, Lebanon, Nigeria, Democratic Republic of the Congo, Tanzania, Vietnam, and Venezuela. A few months later, on June 10, 2025, the European Commission aligned with this assessment by including Algeria in its own list of countries at high risk of money laundering.<\/p>\n\n\n\n

The decision on June 19, 2026, therefore reflects the FATF’s recognition of the reforms undertaken by the Algerian authorities. No new country was added to the grey list during this session, while Algeria and Namibia were removed.<\/p>\n\n\n\n

It is worth noting that Algeria had already experienced a similar trajectory: first listed on the grey list in 2011, it was removed in 2016 before being reintroduced in October 2024.<\/p>\n\n\n\n

To achieve this latest removal, the country had to address several recommendations made by the FATF, including:<\/p>\n\n\n\n