Finland: Payment Accounts Directive Implementation — Draft Law
Between March 16, 2016 and April 19, 2016, the Finnish Ministry of Finance carried out …
Finland: 4th AMLD – Implementation Law Comes into Force
On June 28, 2017, the Finnish parliament passed the new Law on the Prevention of …
Finland: Proposal to Amend the Payment Services Act and Some Related Laws
On October 5, 2017, the government’s proposal (HE 132/2017 vp) to reform the Payment Services …
Finland: Government Introduces Draft Law Implementing GDPR
Latest update: March 6, 2018. The draft law has been to the Administrative Committee, to which the …
Paf To Set Player Loss Cap That May Cost Profit
New loss limits at Finnish operator Paf are expected to hit the gambling company’s bottom …
Norway Readies Payment Blocking As Nordic Net Tightens
Norway is moving ahead with plans to strengthen payment blocking measures to enforce its gambling …
Nordic Banks To Seek Approval For Shared KYC System
Five major Nordic banks have unveiled plans to develop a shared know your customer (KYC) …
Finnish Paf Fined For AML Failings, CEO Acquitted
Åland-based operator Paf has been fined more than €200,000 for failing to prevent money laundering, …
Lithuania: Central Bank Announces MoU on Cross-Border Financial Stability Between Nordic and Baltic Countries
On February 9, 2018, the Bank of Lithuania announced that a memorandum of understanding (MoU) …