The 2020 Finance Act, which has come into force, revisited two flagship measures introduced by the 2009 Complementary Finance Act: (i) the 51/49 rule and (ii) the prohibition of using international loans to finance the national economy.
Our lawyers in Algeria advise leading financial services companies and institutions on both their day-to-day operations and wider strategic objectives.
We help our clients contend with legal issues in banking – including restructurings, regulatory demands and the compliance costs that have come with reform.
Our clients include asset managers, building societies, capital markets and their participants, investment banks, national regulators, private banks, private equity firms, professional services organizations engaged principally in financial services and retail banks. In addition, we work with retail intermediaries on the legal issues involved in the selling of financial services to consumers.
- Tier 2: Finance and Corporate (IFLR1000 2019)