ArticleAsset Management & Investment Funds - News UpdateManagers of alternative investment funds and UCITS-funds may establish branches and carry out activities on a cross border basis into other EU/EEA states.NorwayFinance and BankingSchjodt
ArticleProposal For Level II Rules For Crypto-AssetsThe European Banking Authority (EBA) has published a proposed level II regulation package including several regulatory technical standards and guidelines...NorwayTechnologySchjodt
ArticleDividends Distributed From A Swiss Subsidiary – Assessment Of What Is A Low-Tax Jurisdiction (LB-2023-130797)On 22 March 2024, Borgarting Court of Appeal made a decision in the case between Elopak ASA and the government and concluded that dividend distributed from a Swiss subsidiary...NorwayTaxSchjodt
ArticleSuitability Assessments For Crypto-Asset Service Providers And IssuersEBA issues new guidelines for suitability assessments of management bodies and owners of crypto-asset service providers (CASPs) and issuers of asset-referenced tokens (ARTs).NorwayTechnologySchjodt
ArticleDebate As To Whether "Sum Of Knowledge" Constitutes Trade SecretsIn a final and enforceable judgment of 12 March 2021 (LF-2020-92904), Frostating Court of Appeal found there to be unlawful use of trade secrets by a former employee using his knowledge gained...NorwayIntellectual PropertySchjodt
ArticleDanish Top-Top Tax Is A Reality From 2026On 16 May 2024, the Danish Parliament adopted the new top-top tax as part of an extensive tax reform for individuals. The change will take effect from 2026.NorwayTaxSchjodt
ArticleCan Newspapers Publish Photographs In News Stories For Free Without The Consent Of The Rights Holder?In 2020, the newspaper VG published several news stories criticizing the law firm Rogstad. To illustrate the news stories, VG published photographs from Rogstad's webpage and the Facebook page of one of Rogstad's employees.NorwayIntellectual PropertySchjodt
ArticleThe Growing Concerns About Privacy In CarsIn the era of rapidly advancing technology, the automotive industry has seen a monumental shift towards hi-tech cars equipped with sophisticated features and interconnected systems.NorwayPrivacySchjodt
ArticleNew Requirements For Crypto-Assets And Crypto-Asset Service ProvidersRegulation (EU) No 2023/1114 on Markets in Crypto-Assets ("MiCA") will establish uniform EU market rules for crypto-assets, issuance of crypto-assets and crypto-asset service providers.WorldwideTechnologySchjodt
ArticleThe Norwegian Beneficial Owners Register Opens Up – What Does This Mean For Asset Managers?Parts of the Register on Beneficial Owners Act (the Beneficial Owners Act) pertaining to the obligation to identify and collect information regarding beneficial owners...NorwayCorporate/Commercial LawSchjodt
ArticleFacebook And Privacy Risks: Five Ways To Ensure Your Company Stays CompliantWhat kind of privacy risk can it have when a business communicates through Facebook? In a recent report, The Norwegian Data Protection Authority states that it will stop using Facebook.NorwayPrivacySchjodt
ArticleNew Satellite RegulationThe Norwegian Ministry of Digitalization and Public Governance recently submitted a proposal for a new Act relating to Electronic Communications ("Proposal")...NorwayMedia, Telecoms, IT, EntertainmentSchjodt
ArticleRecent Fines Imposed By The Norwegian Data Protection Authority ("NDPA")Since the GDPR took effect in May 2018, we have seen over 800 fines issued across the EEA and the U.K. Enforcement started somewhat slow, but between July 2020...NorwayPrivacySchjodt
ArticleMore Uniform Approach To Dual-Use Export Control In The EU To Be ExpectedNew types of technologies and goods are being used in warfare causing a need for refinement to existing export control lists.European UnionInternational LawSchjodt
ArticleHow To Ensure An Unbroken Chain Of Title To InventionsIt is crucial for early-stage life sciences companies to ensure that they have title to the inventions which they rely upon.NorwayIntellectual PropertySchjodt
ArticleNew Rules For Cloud From The EU – Bigger Impact On Business Than GDPR Itself?Two weeks ago, the EU, via the European Data Protection Board ("EDPB"), published their guideline on how to transfer personal data outside the EU. European UnionPrivacySchjodt
ArticleTelecommunications – The Influence In Norway Of EU’s Proposal For New RegulationNorwayMedia, Telecoms, IT, EntertainmentSchjodt