Norway revises rules on payments to unlicensed gambling companies
Source: Lotteritilsynet (Norway)
Norway’s government approved changes to rules restricting payment services for gambling without a Norwegian licence, the government said on 21 May 2019. The amendments clarify that the restrictions cover firms processing payments for gambling companies, allow Lotteritilsynet to identify transactions by company or payment intermediary, and require payment providers to investigate specified transactions and report relevant companies.
Payment providers in Norway face clarified investigation and reporting duties for transactions linked to unlicensed gambling.