Norwegian Central Bank Questions Payment Blocking Measures

The Norwegian central bank has called for further clarification of banks’ responsibilities under proposals to beef up payment blocking measures in relation to foreign gambling operators.

The country’s gambling watchdog launched a consultation in April on draft legislation that aimed to enforce payment service providers' obligation to act on their own initiative to stop transactions to gambling firms operating in Norway without permission.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial