Norway’s Ministry of Finance has launched a consultation on a Norwegian Financial Supervisory Authority proposal to amend Norwegian law to permit income-sharing agreements between securities fund management companies and fund unitholders. The proposal is intended to strengthen the competitiveness of Norwegian management companies and is expected to support more cost-effective operations that benefit all unitholders in a fund. The Norwegian Financial Supervisory Authority frames the change as aligning Norway with common practice in other European Economic Area countries, within the constraints of EEA law. Comments are due to the Ministry of Finance by 23 May.
Norwegian Finanstilsynet 2025-03-27
Norwegian Financial Supervisory Authority proposal to allow income-sharing agreements for securities fund management companies goes to consultation
Norway’s Ministry of Finance is consulting on a proposal by the Norwegian Financial Supervisory Authority to amend laws allowing income-sharing agreements between securities fund management companies and fund unitholders. The proposal aims to enhance competitiveness and cost-effectiveness, aligning Norway with practices in other European Economic Area countries.