Blog

Whistleblower rules changing When this is written in February 2024, the Ministry of Justice is implementing the directive on the protection of persons who report breaches of EU legislation. In December 2023, the Supreme Court issued a judgment dealing with the concept of notification. Both parts are of great importance to employers and to whistleblowers. The background for the current rules on notification in the Working Environment Act...

Termination of customer relationships according to the Money Laundering Act § 24, fourth paragraph For many enterprises subject to reporting obligations according to the Money Laundering Act, it can be demanding to terminate existing customer relationships. Many are unsure of what is required in order to be able to say that "customer measures as part of the ongoing follow-up cannot be carried out", cf. Money Laundering Act § 24. Questions about the obligation to...

Are Norwegians inclined to assist with money laundering?

The employer can become liable for damages for employees' acts of corruption. What is needed, and how can it be avoided?

New EU legislation to strengthen the financial sector's digital operational resilience (Digital Operational Resilience Act, DORA) will apply from 16 January 2025. Financial institutions thus have just under two years to adapt to the new regulation. The regulations have been adopted as an regulation, and is intended to increase the resilience of the financial sector in Europe in relation to cyber threats. The regulation is expected to be implemented in Norwegian law. 

On 1 July 2022, the Transparency Act comes into force. The Act shall promote businesses' respect for basic human rights and decent working conditions in connection with the production of goods and the provision of services, and ensure the public is informed of these conditions.

Report: What hinders the police's investigation of corruption cases? Some key findings: Download the report here.

A main feature of financial crime is the prospect of obtaining a financial gain. It is therefore not uncommon for the perpetrator to make subsequent dispositions to cover up, and thereby secure, the proceeds obtained. For example, the perpetrator has transferred the proceeds of a serious fraud through various financial institutions, or used foreign exchange services for cryptocurrency, in an attempt to prevent the origin of the funds from being revealed. An important tool in the fight against economic crime is therefore that the perpetrators are deprived of the proceeds. This is called "confiscation".

On 1 July 2022, the Transparency Act comes into force. The Act shall promote businesses' respect for basic human rights and decent working conditions in connection with the production of goods and the provision of services, and ensure the public is informed of these conditions.