Since 2012, Norwegian tax authorities have focused on the way Norwegian private equity firms have structured their carried interest payments.
Steenstrup 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 opinions on legal issues, updates on legal developments, as well as industry and market-specific insights and discussions.
Law firm Steenstrup Stordrange has contributed to Cartel Regulation 2015, by supplying the Norwegian chapter.
From 12 January 2015, pre-commercial companies may apply for listing on Oslo Børs.
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.
In this article we set out certain key issues the board of a Norwegian listed company faces in a public takeover situation.
The Norwegian AIFM Act comes into force 1 July 2014 – No transitional rules for marketing of closed-ended funds
The Ministry of Finance confirmed everybody’s expectation yesterday when it announced that the Norwegian AIFM Act and the AIFM Regulation (implementing AIFMD and Commission Delegated Regulations supplementing AIFMD) comes into force 1 July 2014. As of and after 1 July 2014 the management and marketing of Alternative Investment Funds (“AIFs”) will thus be subject to the AIFM Act and the AIFM Regulations.
On 20 June, the Ministry of Trade, Industry and Fisheries presented a new white paper on direct ownership in state-owned enterprises, seeking for consent to reduce state ownership in several companies.
What legislation governs the establishment and operation of Alternative Investment Funds?