Norway's Department of Finance has launched a consultation on a proposal from the Financial Supervisory Authority of Norway (Finanstilsynet) to allow revenue-sharing agreements between securities fund management companies and fund unit holders. The proposal would open Norwegian law to such arrangements in line with common practice in other European Economic Area countries and within the limits of EEA law. Under the proposed conditions, revenue-sharing agreements would have to be negotiated individually and comply with good business practice and existing provisions governing remuneration paid to parties other than the securities fund. The consultation deadline is 23 May.
Department of Finance (Norway) 2025-03-27
Norway's Department of Finance consults on allowing revenue-sharing agreements between fund management companies and unit holders
Norway's Department of Finance is consulting on a proposal from the Financial Supervisory Authority of Norway to permit revenue-sharing agreements between securities fund management companies and fund unit holders. The proposal aligns with practices in other European Economic Area countries, requiring agreements to be individually negotiated and adhere to good business practice and existing remuneration provisions.