Anti-Money Laundering Act

Reference

LOV-2018-06-01-23

Adopted

2018-06-01

In force

2018-10-15

Ministry

Ministry of Finance

Supervision

Finanstilsynet

Area

Finance and anti-money laundering

Read date

2026-09-09

• Read the act on LovdataLOV-2018-06-01-23
• The EU act it implements: Fjerde og femte hvitvaskingsdirektiv (EU) 2015/849 og 2018/843
• Swedish counterpart: Penningtvättslagen (2017:630)
• Supervision: Finanstilsynet

Standards are not statute. They are purchased documents from Standard Norge that parties agree to, or that regulations refer to. We carry the designation, edition and scope, never the text.

• Compliance management systems, requirements with guidance

  NS-ISO 37301:2021Standard Norge

  The requirements for a compliance management system: mapping compliance obligations, roles and independence, training, a reporting channel, monitoring and reporting. It is the closest standard to what supervisory bodies mean by documented compliance.

• Anti-bribery management systems, requirements with guidance

  NS-ISO 37001:2016Standard Norge

  Measures against bribery: risk assessment, due diligence on business associates, gifts and hospitality, third-party controls and investigation. It is used alongside the customer due diligence duties of the Anti-Money Laundering Act in internationally exposed businesses.

• What customer due diligence does the Anti-Money Laundering Act require?

• Financial Institutions Act

  LOV-2015-04-10-17In force: 2016-01-01Finanstilsynet

  The Act regulates authorisation, ownership control, organisation, capital requirements, conduct of business and crisis management for banks, credit institutions, finance companies, insurers and pension undertakings.

• Payment Systems Act

  LOV-1999-12-17-95In force: 2000-04-14Norges Bank

  The Act regulates interbank systems and payment service systems, authorisation from Norges Bank, and the legal protection of netting and settlement where a participant becomes insolvent.

• Securities Trading Act

  LOV-2007-06-29-75In force: 2007-11-01Finanstilsynet

  The Act regulates investment services, the organisation and conduct of investment firms, market abuse and inside information, prospectus duties, continuing disclosure for listed companies and the duty to flag holdings.