Norway

Working Group: Finance - AML

Country: Norway

Government Body: Financial Supervisory Authority

Key Issue: Financial Surveillance

Type of Action: Law

Status: In Force

Next Steps: N/A

Summary: The Act relating to Measures to Combat Money Laundering and Terrorist Financing (The Money Laundering Act - vvl), effective October 15, 2018, provides guidance on the regulation of digital currency services, including exchanges and storage services, with registration required. The amendment to the Money Laundering Act, extends its coverage to the use and issuance of cryptocurrencies.

Date: 18 June 2018