Norway: Compliance

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Article
Asset Management | ESMA Published Its Work Programme For 2027 – What Asset Managers Should Focus On To Comply With Supervision
ESMA's 2027 Annual Work Programme signals a shift toward more intensive supervision of digital operational resilience, with heightened focus on DORA compliance, ESG rating providers, and fund reporting systems. Norwegian asset managers face increased scrutiny on ICT third-party risk management, incident handling protocols, and ESG disclosure practices as supervisory expectations evolve from implementation support to enforcement.
Norway Finance
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BAHR
Article
Sanctions And Export Control Update
The EU has adopted its 20th and 21st sanctions packages against Russia, introducing sweeping restrictions on energy, finance, and trade while marking the first use of its anti-circumvention tool. Meanwhile, China's courts have rejected foreign sanctions compliance as a defense to breach of contract, and Norway proposes legislation banning trade with Israeli settlements in Palestine, creating new compliance challenges for businesses operating across these jurisdictions.
European Union International
Advokatfirmaet Schjødt AS
Article
DORA utvides: Flere må forberede seg på nye IKT-krav fra 1. september
Finansdepartementet har vedtatt å underlegge finansieringsforetak, eiendomsmeglingsforetak, inkassoforetak og Norsk naturskadepool sentrale deler av DORA-regelverket fra 1. september 2026. Endringen markerer et viktig skifte fra nasjonalt IKT-regelverk til et harmonisert europeisk rammeverk for digital operasjonell motstandsdyktighet. Berørte virksomheter må nå vurdere om eksisterende styrings- og risikostyringsprosesser oppfyller de nye kravene til IKT-risikostyring, hendelsesrapporteri
Norway Commercial
Advokatfirmaet Schjødt AS