Best Funds & Asset Management Lawyers in Oslo

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Law firm Legalis
Oslo, Norway

Founded in 1995
50 people in their team
Norwegian
English
About usA central idea when Legalis was founded in 1995 was already then to offer legal services over the internet - a new thing at the time. We are still a leader in this area in the legal industry, and the goal is to continue to challenge the old-fashioned legal industry with innovative digital...
Kvale Law Firm
Oslo, Norway

Founded in 1988
50 people in their team
Norwegian
English
Victory togetherKvale is a leading commercial law law firm which, since its inception in 1988, has assisted national and international businesses. We are particularly recognized for assisting some of Norway's largest companies with their most important and complicated matters.Our professional...

Founded in 1992
English
Advokatfirmaet Sigrun Pedersen, established in 1992, offers comprehensive legal services in inheritance law, family law, and real estate law. Located in Eidsvåg in Åsane, Bergen, the firm provides expert assistance in matters such as inheritance, gifts, and generational transfers, as well as...
Oslo lawyers
Oslo, Norway

Founded in 2015
50 people in their team
Norwegian
English
In 2015, the Oslo lawyers moved into completely newly refurbished premises at Pilestredet 29A. It is a short distance to the courthouse and the conciliation council, and it is easy to find parking at the offices.   The venue has plenty of space and all offices have been built from scratch with...

Founded in 2012
English
Legal24 Advokatfirma AS, established in 2012, is a prominent Norwegian law firm specializing in providing legal assistance under legal aid and attorney insurance schemes for both individuals and businesses. The firm has extensive experience in areas such as real estate law, corporate law, family...
Thommessen
Oslo, Norway

Founded in 1856
500 people in their team
Norwegian
English
More than the industry's best legal expertiseThommessen is one of Norway's leading business law firms with offices in Oslo, Bergen, Stavanger and London. Since our start in 1856, we have been involved in most of the tone-setting assignments in Norwegian business. Our clients are Norwegian and...
Law firm Føyen
Oslo, Norway

Founded in 1967
200 people in their team
Norwegian
English
About usFøyen works within selected specialist areas so that we can offer both the important overview and knowledge of the details. We combine experience with innovative thinking, professional knowledge with practical insight - and we challenge today's truths to find future solutions. We are a...
NorJus Law Firm
Oslo, Norway

Founded in 2002
50 people in their team
Norwegian
English
About NorJusWe work a lot with inheritance cases and with spouse / cohabitation, labor law, company law, contract law and copyright law. Clients are mostly private individuals and companies. Lawyer MNA Eivind Bergh-Jacobsen is the principal owner of the law firm DA NorJus.How do you get in touch...
Bull advokatfirma
Oslo, Norway

English
Established in 1864, Bull & Co Advokatfirma AS is a full-service law firm based in Oslo, Norway, offering comprehensive legal services to a diverse clientele, including international corporations, family-owned businesses, public sector entities, and private individuals. The firm's team of over 90...
Codex Advokat
Oslo, Norway

Founded in 2000
200 people in their team
Norwegian
English
About Codex AdvokatCodex is one of Norway's leading law firms for private individuals and businesses. We take assignments throughout Norway and with our legal expertise will solve a crisis - or avoid you getting into a crisis.Who do we assist?We assist both private individuals and companies.You get...
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About Funds & Asset Management Law in Oslo, Norway

Funds and asset management represent a critical component of Norway's robust financial sector, with Oslo being the country's primary financial hub. The legal landscape governing funds and asset management in Norway is closely aligned with European Union (EU) directives, as Norway is a member of the European Economic Area (EEA). This legal framework sets out rules and guidelines for the structuring, management, marketing, and supervision of investment funds including mutual funds, alternative investment funds, and private equity. In Oslo, law firms and financial advisors provide specialized legal services to institutional investors, fund managers, asset management companies, fintech startups, and private investors to ensure compliance and effective management of assets.

Why You May Need a Lawyer

The field of funds and asset management involves complex legal and regulatory matters that can be challenging for individuals and businesses to navigate. There are several common situations where seeking legal advice from a lawyer specializing in funds and asset management in Oslo can be essential, such as:

  • Setting up or structuring an investment fund or management company
  • Ensuring compliance with Norwegian and EEA regulatory requirements
  • Drafting and reviewing fund documentation, including prospectuses and partnership agreements
  • Dealing with cross-border fund distribution and marketing
  • Managing investor relations and handling disputes
  • Advising on tax implications and structuring investments efficiently
  • Responding to investigations or requests from the Norwegian Financial Supervisory Authority (Finanstilsynet)
  • Advising on mergers, acquisitions, or restructuring within the asset management sector
  • Addressing questions about licensing and authorization for fund managers

Professional legal guidance can help prevent costly errors, ensure operational security, and provide peace of mind in a highly regulated environment.

Local Laws Overview

Norwegian funds and asset management law is characterized by rigorous regulation and supervision. The main legal instruments include the Securities Funds Act (Verdipapirfondloven) and the Alternative Investment Fund Managers Act (AIFM-loven), which implement the EU's UCITS and AIFMD directives, respectively. Key aspects include:

  • Licensing and authorization of fund management companies and asset managers by the Financial Supervisory Authority of Norway (Finanstilsynet)
  • Strict investor protection requirements, including transparency and reporting obligations
  • Rules governing the marketing and sale of funds within Norway and across EEA countries
  • Disclosure of fees, risks, and fund performance to investors
  • Compliance with anti-money laundering regulations
  • Requirements for internal controls, risk management, and safeguarding of client assets

Both fund managers and investors must be aware of these regulatory duties to ensure full compliance and avoid legal or financial penalties.

Frequently Asked Questions

What types of funds are regulated in Norway?

Norway regulates several fund types, including UCITS funds (mutual funds open to retail investors), alternative investment funds (such as hedge funds and private equity funds), and specialized investment structures. Each type has specific legal and regulatory requirements.

Who supervises funds and asset managers in Oslo?

The Financial Supervisory Authority of Norway, known as Finanstilsynet, is the primary regulatory authority overseeing funds, fund managers, and asset management activities in Oslo and throughout Norway.

What are the main legal requirements for fund managers?

Fund managers must obtain authorization, comply with capital requirements, have adequate risk management and compliance routines, ensure transparency to investors, and follow strict reporting and record-keeping standards.

Can foreign fund managers market funds in Oslo?

Yes, foreign fund managers from EU or EEA countries can market their funds in Oslo under passporting arrangements, provided they notify and receive approval from Finanstilsynet. Non-EEA managers face additional authorization requirements.

What documents are required to set up a fund in Norway?

Typically, you will need a prospectus, articles of association, internal policies on risk and compliance, agreements with custodians and administrators, and applications for regulatory authorization.

Are there restrictions on advertising investment funds to the public?

Yes, marketing and advertising of funds are strictly regulated. There are rules concerning the content of marketing materials and requirements for pre-approval from regulators in some cases, particularly for retail investors.

What protections exist for investors in Norwegian funds?

Norwegian law mandates transparency, regular reporting, and fair treatment of investors. There are also requirements for asset segregation and independent custody of client assets to safeguard investor interests.

What are the tax implications of investing in Norwegian funds?

Norwegian funds may be subject to various taxation rules, including withholding tax, capital gains tax, and value added tax in certain cases. Both local and foreign investors should seek specific tax advice due to the complexity of these issues.

How are disputes between investors and fund managers resolved?

Disputes are typically addressed through internal complaint procedures or can be escalated to arbitration, the Norwegian Financial Complaints Board, or civil courts, depending on the nature of the issue.

What are the consequences of non-compliance with Norwegian fund laws?

Non-compliance can result in penalties, suspension or revocation of licenses, reputational damage, and even criminal liability in severe cases. Regular legal audits and compliance checks are essential.

Additional Resources

If you need further information or support regarding funds and asset management in Oslo, the following resources and organizations may be helpful:

  • The Financial Supervisory Authority of Norway (Finanstilsynet): Regulates and supervises the financial sector including funds and asset management.
  • The Norwegian Securities Dealers Association (Verdipapirforetakenes Forbund): A trade association for the securities and asset management industry.
  • The Norwegian Association of Asset Managers: Provides resources and events related to asset management in Norway.
  • Norwegian Tax Administration (Skatteetaten): For guidance on tax obligations and reporting requirements for funds and investors.
  • The Norwegian Financial Complaints Board (Finansklagenemnda): An independent adjudication service for resolving disputes in the financial industry.
  • Local Oslo law firms specializing in funds and asset management, many of which offer advisory services in English.

Next Steps

If you require legal assistance regarding funds and asset management in Oslo, consider taking the following steps:

  • Identify your specific needs and objectives, such as starting a new fund, ensuring compliance, or resolving a dispute.
  • Collect relevant documentation, including contracts, investment documents, and correspondence with regulatory authorities.
  • Contact a reputable Oslo-based law firm or legal advisor specializing in funds and asset management law. Look for professionals experienced in both Norwegian and international matters if your issue involves cross-border elements.
  • Prepare a clear list of questions and concerns to discuss during your legal consultation.
  • Stay proactive regarding legal and compliance obligations, and schedule regular check-ins with your legal adviser to ensure ongoing compliance and operational efficiency.

Consulting with a specialist ensures that your investments and operations are protected and aligned with Norway's dynamic regulatory environment.

Lawzana helps you find the best lawyers and law firms in Oslo through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Funds & Asset Management, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Oslo, Norway - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.