diff --git a/packages/lib/src/components/internal/UIElement/UIElement.tsx b/packages/lib/src/components/internal/UIElement/UIElement.tsx
index 5def86c1c6..15684b56d9 100644
--- a/packages/lib/src/components/internal/UIElement/UIElement.tsx
+++ b/packages/lib/src/components/internal/UIElement/UIElement.tsx
@@ -83,7 +83,11 @@ export abstract class UIElement<P extends UIElementProps = UIElementProps> exten
             ...componentProps
         };
 
-        this.props = this.formatProps({ ...this.constructor['defaultProps'], ...finalProps });
+        this.props = this.formatProps({
+            ...this.constructor['defaultProps'], // component defaults
+            ...this.core.getRegulatoryDefaults(), // regulatory defaults
+            ...finalProps // the rest (inc. merchant defined config)
+        });
     }
 
     protected storeElementRefOnCore(props?: P) {
diff --git a/packages/lib/src/core/core.ts b/packages/lib/src/core/core.ts
index 0c3b6f8ad6..492b7bbf94 100644
--- a/packages/lib/src/core/core.ts
+++ b/packages/lib/src/core/core.ts
@@ -7,7 +7,7 @@ import { resolveEnvironment, resolveCDNEnvironment, resolveAnalyticsEnvironment
 import Analytics from './Analytics';
 import { AdditionalDetailsStateData, PaymentAction, PaymentResponseData } from '../types/global-types';
 import { CoreConfiguration, ICore } from './types';
-import { processGlobalOptions } from './utils';
+import { getDefaultPropsByCountryCode, processGlobalOptions } from './utils';
 import Session from './CheckoutSession';
 import { hasOwnProperty } from '../utils/hasOwnProperty';
 import { Resources } from './Context/Resources';
@@ -264,6 +264,10 @@ class Core implements ICore {
         };
     }
 
+    public getRegulatoryDefaults(): Record<string, any> {
+        return getDefaultPropsByCountryCode(this.options.countryCode);
+    }
+
     public storeElementReference(element: UIElement) {
         if (element) {
             this.components.push(element);
diff --git a/packages/lib/src/core/types.ts b/packages/lib/src/core/types.ts
index 6fdb80c4de..707fa2bec3 100644
--- a/packages/lib/src/core/types.ts
+++ b/packages/lib/src/core/types.ts
@@ -40,6 +40,8 @@ export interface ICore {
 
     storeElementReference(element: UIElement): void;
 
+    getRegulatoryDefaults(): Record<string, any>;
+
     options: CoreConfiguration;
     paymentMethodsResponse: PaymentMethods;
     session?: Session;
diff --git a/packages/lib/src/core/utils.ts b/packages/lib/src/core/utils.ts
index 79ab575eb1..d484c8d5c2 100644
--- a/packages/lib/src/core/utils.ts
+++ b/packages/lib/src/core/utils.ts
@@ -11,3 +11,16 @@ export function processGlobalOptions(globalOptions) {
         return r;
     }, {});
 }
+
+export function getDefaultPropsByCountryCode(countryCode: string): Record<string, any> {
+    switch (countryCode) {
+        // Finnish regulations state that no payment method can be open by default
+        case 'FI':
+            return {
+                openFirstPaymentMethod: false,
+                openFirstStoredPaymentMethod: false
+            };
+        default:
+            return {};
+    }
+}