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Guidelines on complaints-handling by insurance intermediaries.

Guidelines on complaints-handling by insurance intermediaries.

It is the Financial Supervisory Authority of Norway (FSA) who oversees the insurance intermediaries complaints proceedings. The European Insurance and Occupational Pensions Authority (EIOPA) announced on 16 May 2014 “Guidelines on complaints handling by insurance intermediaries‚ÄĚ. These guidelines have been prepared with the aim to contribute to a coordinated supervision ... Read More »

Norwegian regulation on management of Alternative Investment Funds

Norwegian regulation on management of Alternative Investment Funds

The Norwegian Ministry of Finance has recently proposed for Parliament a new law on the management of alternative investment funds. The proposal implements the estimated future EEA obligations corresponding to the European Parliament and Council Directive 2011/61/EU, referred to as the AIFM Directive (“Alternative Investment Fund Managers Directive”). The AIFM ... Read More »

Price marketing – the marketing control act section 26, subsection 1 – court of appeal ruling dated 11 april 2014

Price marketing – the marketing control act section 26, subsection 1 – court of appeal ruling dated 11 april 2014

Early 2014 Gresvig AS, a leading Norwegian franchisor of sports outlets, introduced a Price Match offer for purchases in the G Max and G Sport stores. “Price Match” means that the customer is reimbursed the difference in price when he/she finds the same item at a competitor at a lower ... Read More »

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