Finans_shutterstock_149072456

FSAN charges new prospectus fees from 1 July

Effective from 1 July 2014, the Financial Supervisory Authority of Norway (FSAN) will increase the fees for approval of prospectuses with 20 percent. The increase will apply to all types of prospectuses and also encompass the additional fee for so called specialist issuers.

Documents received prior to 1 July 2014 will be excluded from the fee increase. An updated fee schedule will be made available at www.finanstilsynet.no.

PROSPECTUS FEES   

Document type Fee until 30 June 2014 (NOK) Fee from 1 July 2014 (NOK)
Equity:
Share prospectus 62 000 74 400
Share prospectus in IPOs 75 000 90 000
Registration document 50 000 60 000
Security note + Summary 32 000 38 400
Warrant 13 000 15 600
Supplement 10 000 12 000
Additional fee “specialist issuers” 13 000 15 600
Summary, cf. STR section § 7-2 (1) letter e 50 000 60 000
Fixed income:
Base prospectus 62 000 74 400
Registration document 50 000 60 000
Supplement 6 000 7 200
Security note + Summary 13 000 15 600

 

The Author

Klaus Henrik Wiese-Hansen
Klaus Henrik Wiese-Hansen Klaus Henrik Wiese-Hansen is a partner at Steenstrup Stordrange’s office in Oslo, and is a member of the M&A and Corporate Practice as well as the Banking and Finance group. He has 14 years' experience in all aspects of financial markets legislation and asset management, including Private Equity, Investment Fund Management, Securities Legislation, Banking and Finance, Insurance, and M&A with respect to these areas. He has advised numerous Norwegian and foreign institutional clients in all aspects of their businesses relating to the aforementioned legal areas.

Comments are closed.