Streenstrup News is a blog by Norwegian law firm Steenstrup Stordrange. It provides insight into topical business and legal issues relevant to Norwegian business life.
Aimed at management and legal professionals internationally, the posts include debates and opinions on legal issues, updates on legal developments, as well as industry and market-specific insights and discussions.
If Steenstrup News becomes your preferred tool for gaining an understanding or keeping abreast of commerce and legal developments in Norway, we will have achieved our goal.
Blog authors are attorneys at law or senior economists and are either partners or associates at the firm. Editor is Partner Klaus Henrik Wiese-Hansen.
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All posts by Klaus Henrik Wiese-Hansen
The Ministry of Finance has requested the Norwegian FSA (FSAN) to draft legislation that may allow issuers of bonds to require information about the identity of the bondholders, including bondholders who hold their bonds through nominee accounts. This may increase the transparency in the Norwegian bond market.
The Norwegian Government Pension Fund Global – Strengthens CSR profile and takes further steps towards infrastructure investments
The Norwegian right-wing Government recently submitted its annual white book to the Parliament on the management of the Government Pension Fund Global (GPFG) in 2014. The GPFG performed well in 2014, with returns of 7.6 % excl. asset management costs.
The Financial Supervisory Authority of Norway (the “FSAN”) has published its Annual Report for 2014. The full report is to date only available in Norwegian. In the following we present a brief summary of the most important events and developments from 2014 within banking and finance, insurance and pensions, and the securities area.
Steenstrup Stordrange has contributed to the International Comparative Legal Guide – Insurance & Reinsurance 2015, by supplying the Norwegian chapter.
Earlier this month, the Norwegian regulator took action against alleged mis-selling of a fund that charges high fees for active management but, in the regulator’s view, merely mirrors an index – i.e. closet-tracking.
Investment funds for sale to the general public – in other words, open-ended collective Investment structures of which shares may be redeemed on a regular basis and of which investment objectives are Financial instruments – have traditionally been strictly regulated in Norway.
Since 2012, Norwegian tax authorities have focused on the way Norwegian private equity firms have structured their carried interest payments.
Five months have passed since the AIFMD was implemented in Norway. Since 1 July 2014, a relatively large number of applications have been filed with the Financial Supervisory Authority of Norway (the “FSAN”), concerning both marketing in Norway of non-EEA AIFs of EEA AIFMs and AIFs of non-EEA AIFMs.