Looking The Other Way: Recent Cases Of AML And Sanctions Failings In Scandinavia
On August 11, 2025, Rayonier Advanced Materials, Inc. (“RYAM”) and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO (“USW”) (collectively...more
Welcome to the latest edition of our quarterly global supply chain horizons providing you with a update on the key developments from around the world. Cross-Border - China and the US trade deal - On June 27, the PRC...more
We are pleased to present the Conyers Norway Bulletin for 2025. This edition highlights key developments impacting Bermuda-incorporated companies in the Norwegian market over the past year. The Euronext Oslo Børs...more
The Norwegian Transparency Act requires subject companies to publicly report on the human rights due diligence they must carry out under the Act. These reports must be published every year, by June 30. With the 2025 reporting...more
The European Banking Authority (EBA) has issued an opinion (dated 12 May) in response to a notification from the Norwegian Ministry of Finance, regarding its intention to recalibrate the risk weight floor for Norwegian retail...more
Summer is nearly here and so it is important for employers in Norway to start planning for their team’s holiday, if they haven’t already. It can be costly for employers if employees do not take their statutory holiday...more
As NATO procurement expands, Nordic companies must carefully navigate the intersection between NATO acquisition processes and multiple export control regimes, including those of the United States, the United Kingdom, and the...more
At the request of the Oslo District Court, the European Free Trade Association Court has issued an advisory opinion on the interpretation of the European Economic Area Agreement as it relates to freedom to provide staffing...more
Economic resilience and several strong sector showings boost Nordic dealmaking in 2024, with a healthy M&A pipeline for 2025 - The Nordic economies have exhibited a year of divergence and surprising resilience. Denmark...more
As the calendar year draws to an end, employers and employees face questions regarding the handling of unused holiday. This guide provides an overview of the regulations surrounding holiday scheduling as stipulated in the...more
An investigation requested by the Norwegian government has proposed changes in how holiday pay is accrued and paid out in Norway....more
Position paper informs Norwegian approach to AI, with sector-specific legislative amendments to regulate developments in AI. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no...more
We are pleased to bring you the Conyers Norway Bulletin for 2024, in which we highlight developments affecting Bermuda incorporated companies in the Norwegian market over the past year. The Oslo Børs continues to serve as...more
1. Different Business Entities - 1.1 Introduction and outline - Enterprises in Norway may be organized in several ways; the most common are limited liability companies, partnerships, and sole proprietorship. ...more
By now, many of us are using AI, advising others about how to use AI, and waiting for some legislative miracle to give us some guardrails for what we can or cannot be doing with AI. A lot of effort has been put into tracking...more
Recent news highlights that sexual harassment is a widespread problem for female soccer players in Norway. In fact, every sixth player at the top level of women’s soccer in Norway has experienced inappropriate behavior from...more
The past few years have seen a growing number of companies incorporate in Bermuda and go on to list on the Oslo Stock Exchange. A key first step for some is listing on the exchange intended for small- and mid-cap companies:...more
We are pleased to bring you the Conyers Norway Bulletin for 2023, in which we highlight developments affecting Bermuda-based companies in the Norwegian market over the past year. Compared with global markets, the Oslo...more
Domestic Nuclear Power Advancement: Barriers to Entry and the Need for a National Strategy - As previously reported on this site, nuclear generation development has taken hold as a potential promise for a long-term,...more
On July 10, 2023, the EU Commission approved the EU-U.S. Data Privacy Framework (“EU-US DPF”) as a valid transfer mechanism for sharing personal data from European Economic Area countries (those in the EU plus Iceland,...more
On July 10, 2023, the European Commission adopted its long-awaited adequacy decision for the EU-U.S. Data Privacy Framework (“Adequacy Decision”). This ends a three-year journey to set up a successor to the EU-U.S. Privacy...more
Both individuals and companies risk severe penalties if they contribute to money laundering, even if the contribution is the result of negligence. By appointing an anti-money laundering officer organisations will reduce their...more
On 29 March and 20 April 2023, Switzerland adopted new measures against Russia, following those recently adopted by the EU as part of a tenth sanction package. More industrial, high-tech and aviation goods are now banned for...more
Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more
1. Different Business Entities - 1.1 Introduction and outline - Enterprises in Norway may be organized in several ways; the most common are limited liability companies, partnerships, and sole proprietorship. When...more