Study of Regulatory Framework Projects in Banks and Financial Institutions

The Monetary and Banking Council held its regular session on Thursday, chaired by Mohand Bouraï, Governor of the Bank of Algeria, which was primarily dedicated to studying projects related to the regulatory standards applied to banks and financial institutions, aiming to enhance the alignment of the regulatory framework with international standards and recommendations, according to a statement from the council affiliated with the Bank of Algeria. The source clarified that the meeting was specifically dedicated to studying projects related to the regulatory standards applied to banks and financial institutions, with the aim of enhancing the alignment of the regulatory framework with international standards and recommendations in the field of banking regulation and supervision, while integrating the specificities of banking operations related to Islamic banking.