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Advokatfirmaet Grette AS | Norway | 3 Feb 2022

The Inward Investment and International Taxation Review: Norway

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Advokatfirmaet Grette AS | European Union, Norway | 8 Feb 2019

Coverage level under deposit guarantee scheme reduced for overseas depositors

For many years, the coverage level under the Norwegian deposit guarantee scheme has been significantly higher than the target that was introduced by the EU Deposit Guarantee Schemes Directive to achieve a fully harmonised coverage level. However, recent amendments to the Act on Financial Institutions and Financial Groups have reduced the coverage level for customers in the European Union that......
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Advokatfirmaet Grette AS | Norway | 2 Nov 2018

FSAN publishes draft regulation on prudent consumer lending practices

In 2017 the Financial Supervisory Authority of Norway (FSAN) published guidelines on prudent consumer lending practices. However, in order to strengthen the FSAN's ability to ensure that the 2017 guidelines are actually implemented, it has now proposed that they be converted into a regulation. This would make it easier for the FSAN to impose penalties on institutions that fail to comply with......
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Advokatfirmaet Grette AS | Norway | 31 Aug 2018

New court ruling on ownership of qualified interests in Norwegian financial institutions

The Oslo District Court recently ruled in favour of Netfonds Bank AS/Netfonds Livsforsikring AS and ordered the state to pay NKr55 million in damages for failing to comply with its obligations under the EEA Agreement. The case concerned the government's practice of denying licensing to financial institutions which have ownership positions that exceed 25% of their share capital. If it stands,......
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Advokatfirmaet Grette AS | Norway | 28 Oct 2014

Norway

An interlocutory or preliminary injunction will help to prevent or cause the swift cessation of any infringing activity. If circumstances warrant an…
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Advokatfirmaet Grette AS | Norway | 19 Sep 2014

Proposed amendments of the rules for pharmaceutical advertising in Norway

The Norwegian Medicines Agency has proposed changes which would open for information on health and disease from the pharmaceutical industry to the…
Article
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Advokatfirmaet Grette AS | Norway | 27 May 2014

Ban on personal import of medicinal products via the internet

Effective from 1st July 2014, it will no longer be permissible to import prescription medicinal products for personal use via shipments (e.g. Mail…
Article
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Advokatfirmaet Grette AS | Norway | 18 Feb 2014

Doing business in Norway

The Norwegian market offers great business opportunities and excellent legal framework conditions for foreign enterprises, both within the oil and…
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Advokatfirmaet Grette AS | European Union | 5 Feb 2014

SPCs and the CJEU – latest developments

Supplementary Protection Certificates (SPCs) for medicinal products are highly important for the pharmaceutical industry, and decisions from the…
Article
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Advokatfirmaet Grette AS | Norway | 17 Dec 2012

Chairs, chocolate and challenging decisions: an overview of IP case law

In the wake of a Supreme Court judgment of June 27 2012, creative industrial design and distinct applied Arts will enjoy a broader scope of protection…
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