Regulations 2011
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REGULAT IONS 2011 REGULATION 11-01 OF MARCH 24TH, 2011 RELATING TO CREATION OF A BANKNOTE OF TWO THOUSAND (2000) ALGERIAN DINARS The Governor of the Bank of Algeria, Whereas Order 03-11 of Jumaada al-THaany 27th, 1424 corresponding to August 26th, 2003 as amended and completed, relating to Money and Credit, namely its Articles 38, 62 (paragraph a), 63 and 64; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of the Governor and Vice-Governors of the Bank of Algeria; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of Members of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Sha`baan 26th, 1423, corresponding to November 2nd, 2002 relating to appointment of a Member of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Thw al-Qi`dah 24th, 1424 corresponding to January 14th, 2004 relating to appointment of Members of the Council of Money and Credit of the Bank of Algeria; Whereas the Presidential Decree of Jumaada al-awal 5th, 1427 corresponding to June 1st, 2006 relating to appointment of a Vice-governor of the Bank of Algeria; Further to the Resolution of the Council of Money and Credit of the Bank of Algeria of Raby` al-THaany 19th, 1432 corresponding to March 24th, 2011; promulgates the Regulation the content of which follows: Article 1: The Bank of Algeria shall create a two thousand (2000) Algerian Dinar banknote. Article 2: The general characteristics of the two thousand (2000) Algerian Dinar banknote are as follows: . Dimension: 160 mm x 71,7 mm . Theme: science, technology and endogenous development . Watermark: Effigy of Emir Abdelkader .General tonality: greenish blue. Article 3: The new banknote shall be put into circulation concomitantly with the banknotes currently in circulation Article 4: The special peculiarities, namely the detailed technical characteristics and the date of putting into circulation of such a banknote shall be determined by regulation. Article 5: This Regulation shall be published in the “Journal Officiel” of the People’s Democratic Republic of Algeria. The Governor Mohammed LAKSACI REGULATION 11-02 OF MARCH 24TH, 2011 RELATING TO THE ISSUING AND PUTTING INTO CIRCULATION OF A TWO THOUSAND (2000) ALGERIAN DINAR BANKNOTE The Governor of the Bank of Algeria, Whereas Order 03-11 of Jumaada al-Thaany 27th, 1424 corresponding to August 26th, 2003 as amended and completed, relating to Money and Credit, namely its Articles 38, 62 (paragraph a), 63 and 64; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of the Governor and Vice-Governors of the Bank of Algeria; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of Members of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Sha`baan 26th, 1423, corresponding to November 2nd, 2002 relating to appointment of a Member of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Thw al-Qi`dah 24th, 1424 corresponding to January 14th, 2004 relating to appointment of Members of the Council of Money and Credit of the Bank of Algeria; Whereas the Presidential Decree of Jumaada al-awal 5th, 1427 corresponding to June 1st, 2006 relating to appointment of a Vice-governor of the Bank of Algeria; Whereas Regulation 11-01 of Rebie Ethani 19th, 1432 corresponding to March 24th, 2011 relating to creation of a two thousand (2000) Algerian Dinar banknote; Further to the Resolution of the Council of Money and Credit of the Bank of Algeria of Raby` al-Thaany 19th, 1432 corresponding to March 24th, 2011 promulgates the Regulation the content of which follows: Article 1: Under Regulation 11-01 of Raby` al-THaany 19th, 1432 corresponding to March 24th, 2011 relating to creation of a two thousand (2000) Algerian Dinar banknote, the Bank of Algeria shall issue a two thousand (2000) Algerian Dinar banknote, the putting into circulation of which shall be carried out as from April 28th, 2011. Article 2: The special peculiarities namely the detailed technical characteristics of such banknote shall be set as follows: 1) DIMENSION: Overall: 160 mm x 71,7 mm, Vignette: 120 mm x 61,7 mm 2) TONALITY: Greenish blue 3) PAPER: watermark, of banknote type, colored in light blue on the whole 4) DESCRIPTION: a. General theme: Science technology and endogenous development b. Front side: in (3) three juxtaposed colours. 1. Security background: consisting of geometrical figures, guilloche, micro- prints, graphical numismatic. The security background shall cover the vignette and the watermarked strip 2. Vignette: science and technology. 3. Pieces of writing in Arabic: “Bank of Algeria” “Two thousand Dinars” 4. Figures: “2000” located vertically on the right side of the vignette and horizontally on the left bottom of the vignette. 5. Signatures 6. Figures 7. Date c. Back side: in (3) three juxtaposed colours. 1. Security background: consisting of geometrical figures, guilloche, micro- prints, graphical numismatic. The security background shall cover the vignette and the watermarked strip 2. Vignette: vectors of endogenous development. 3. Pieces of writing in Arabic: “Bank of Algeria” “Two thousand Dinars” 4. Figures: “2000” located vertically on the left side of the banknote and in a guilloche, on the bottom of the watermarked strip. 5. Piece of writing in Arabic “Article 197 of the Criminal Code punishes the forgers” 5) WATERMARK: Continuous, inside a vertical strip located on the left side of the banknote on the front side and on the back side on the right side. The watermark shall represent the effigy of Emir Abdelkader. 6) Security thread- a “window thread” type, micro-print, appearing on the left central section of the front side, in silvery alternating light and dark areas. The thread can be seen through transparency on either side. 7) HOLOGRAM: a hologram with a width of 13 mm, of “lead” type shall be affixed on the left of the front side. It is represented continuously over the whole width of the banknote from top to bottom. a) as seen from one angle: . Pieces in writing “Bank” ( in Arabic), . Effigy of Emir Abdelkader looking to the left, . Pieces of writing “Algeria” (in Arabic), . Effigy of Jughurta looking to the left. b) as seen from another angle: . Pieces of writing “Algeria” (in Arabic), .Effigy of Jughurta looking to the right, . Pieces in writing “Bank” ( in Arabic), . Effigy of Emir Abdelkader looking to the right. On the right side of the hologram, figures “2000” repeated continuously. Article 3: This Regulation shall be published in the “Journal Officiel” of the People’s Democratic Republic of Algeria. The Governor Mohammed LAKSACI REGULATION 11-03 OF MAY 24TH, 2011 RELATING TO OVERSIGHT OF INTERBANK RISKS The Governor of the Bank of Algeria, Whereas Order 03-11 of Jumaada al-Thaany 27th, 1424 corresponding to August 26th, 2003 as amended and completed, relating to Money and Credit, namely its Article 62; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of the Governor and Vice-Governors of the Bank of Algeria; Whereas the Presidential Decree of Raby` al-awal 10th, 1422 corresponding to June 2nd, 2001 relating to appointment of Members of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Sha`baan 26th, 1423, corresponding to November 2nd, 2002 relating to appointment of a Member of the Executive Board of the Bank of Algeria; Whereas the Presidential Decree of Thw al-Qi`dah 24th, 1424 corresponding to January 14th, 2004 relating to appointment of Members of the Council of Money and Credit of the Bank of Algeria; Whereas the Presidential Decree of Jumaada al-awal 5th, 1427 corresponding to June 1st, 2006 relating to appointment of a Vice-governor of the Bank of Algeria; Whereas Regulation 02-03 of Ramadhaan 9th, 1423 corresponding to November 14th 2002 relating to internal control of Banks and Financial Institutions; Whereas Regulation 09-04 of Awwal Sha`baan, 1430 corresponding to July 23rd, 2009 relating to bank accounts chart and accounting rules applicable to Banks and Financial Institutions; Whereas Regulation 09-05 of Shawwal 29th, 1430 corresponding to October 18th, 2009 relating to establishment and publication of financial statements of Banks and Financial Institutions; Whereas Regulation 09-08 of Muharram 12th, 1431 corresponding to December 29th, 2009 relating to assessment and accounting rules of financial instruments by Banks and Financial Institutions; Further to the Resolution of the Council of Money and Credit of May 24th, 2011 promulgates the Regulation the content of which follows: Article 1: Banks and Financial Institutions shall have under the conditions set by this Regulation an internal oversight system for the distribution of their outstanding interbank loans and borrowings, namely those made on the Money Market. Article 2: Banks and Financial Institutions shall fix for each counterpart the maximum amount of loans granted and obtained with bank counterparts. Such amounts shall be determined under conditions which ensure a distribution of investments made and financings obtained that comply with decisions of the legislative body relating to risk taking and liquidity management. Limits set for each counterpart shall be subject to a periodic reviewing. Article 3: When a bank counterpart has exclusive control over one or several other bank counterparts, the group thus constituted shall be considered as one and the same counterpart for compliance with the limits set forth in Article 2 above. Shall also be considered as same counterpart Bank counterparts that are bound together by links such that if one meets financial problems the other or all the others will face repayment difficulties.