Norway's Department of Finance has presented seven financial market measures intended to simplify and improve financial market regulation, reduce reporting burdens, improve access to information and make securities issuance more efficient. The package combines legislative proposals with the announced commencement of several rule changes, with the stated aim of keeping conditions for Norwegian market participants as close as possible to those in the European Union. The measures include a proposal to reduce the number of companies that must report on sustainability under the Omnibus approach, simplification of prospectus and securities rules under the Listing Act, and changes that would make it possible to issue European green bonds. They also include steps to give investors easier access to information on Norwegian companies through the European Single Access Point, or ESAP, alongside new legal rules on e-invoicing in business and certain other amendments in the financial market area. Several amendments to the Financial Institutions Act will take effect on July 1. A new law on crowdfunding will take effect on Aug. 1, and the e-invoicing rules and certain other financial market law changes will also be brought into force.