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Norway regulator opens payment-blocking compliance checks at nine banks

Regulation

Source: Lotteritilsynet (Norway)

Norway’s Lotteritilsynet told nine banks it would inspect compliance with the ban on processing payments to and from unlicensed gambling, the regulator said. Banks have three weeks to provide information on measures taken and internal compliance procedures; the authority said it plans further inspections.

The inspections test whether banks are implementing payment restrictions affecting transactions with unlicensed gambling companies.

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Regulation

ADM official proposes payment blocking against illegal gambling in Italy

Antonio Giuliani, ADM's director of online gambling and betting, suggested payment blocking to tackle illegal gambling in Italy at the SBC Summit in Lisbon. He said implementing the approach would require a legislative amendment. Giuliani also said ADM had no plans to regulate B2B providers.

Payment blocking could be a route to limiting illegal gambling in Italy, Antonio Giuliani, director of the online gambling and betting office at the Agenzia delle Dogane e Monopoli (ADM), said at the SBC Summit in Lisbon. According to Giuliani, implementing the approach would require an amendment to the rules.

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