THE ECONOMIC AND FINANCIAL PENAL POLE AS A NEWLY ESTABLISHED MECHANISM FOR COMBATING ECONOMIC AND FINANCIAL CRIMES IN ALGERIA

Abstract

Given the rise of economic and financial crimes in their modern and more complex form in Algeria, which have threatened national security and the economy, the Algerian legislator amended the Code of Criminal Procedure through Order 20/04. This order established the economic and financial penal pole as a specialized national judicial entity responsible for addressing economic and financial crimes. The legislator believes that concentrating this entity on such cases will be effective in curbing their proliferation. The research raises the question of whether the establishment of a penal pole as a mechanism for combating economic and financial crimes will be effective in preventing the spread of this type of crime. The answer to this issue is addressed in two main areas: first, the jurisdiction of the economic and financial penal pole, and second, the procedures for prosecution before the economic and financial penal pole.