Norway's Ministry of Finance reported that the King in Council has decided that amendments to the Financial Institutions Act implementing EU securitisation rules and amendments to the Financial Contracts Act on cross-border payments under the so-called Euro Regulation will enter into force on 1 August 2025, matching the date the rules take effect in the EEA Agreement.
Department of Finance (Norway) 2025-06-24
Norway's Ministry of Finance sets 1 August 2025 commencement for securitisation and cross-border euro payment law changes
Norway's Ministry of Finance announced that amendments to the Financial Institutions Act and the Financial Contracts Act will take effect on 1 August 2025. These changes implement EU securitisation rules and address cross-border payments under the Euro Regulation, aligning with the EEA Agreement timeline.