New regulations attack Internet porn
5 July 2004
New banking regulations are helping to put the squeeze on Internet porn barons.
The new guidelines were announced at the weekend by the Association for Payment Clearing Services, the UK's trade association for payments.
APACS said in a statement "Banks will not knowingly do business with internet sites that sell content/merchandise inciting, advocating or perpetuating activities such as child pornography, racism, terrorism and violence against persons, including scenes of sexual violence."
APACS provides the forum for the UK's financial institutions to come together on non-competitive issues, to develop banking systems for the future and to provide innovation and developments in payments.
It is also the banking industry voice on payments issues such as plastic cards, card fraud, cheques, electronic payments and cash.
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