Wikborg Rein's Competition Law Update 2012
You can now read Wikborg Rein's Competition Law Update 2012.
Wikborg Rein
Wikborg Rein is one of Norway’s leading law firms with 224 lawyers in Oslo, Bergen, London, Singapore, Kobe, and Shanghai. The firm’s long-standing presence overseas distinguishes Wikborg Rein as the Norwegian law firm with most international experience and expertise.
News Archive
Wikborg Rein newsletter: Norway imposes licensing requirements in relation to partnerships | 16th May 2012
Having proposed amendments to the Securities Trading Act in 2009 for the purpose of closing a regulatory loophole, Norwegian authorities have at last in May 2012 presented their white paper to the Norwegian Parliament. The amendments will, as alerted in our October 2009 update, introduce requirements that providers of intermediary services must be licensed as EU MiFID-investment firms when offering shares in partnership structures to non-professional investors in the Norwegian market. Exemptions will apply.
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Wikborg Rein newsletter: Norwegian traders acquitted of market manipulation charges against automated trading system | 16th May 2012
Having received suspended sentences for imprisonment for market manipulation against an automated trading system on the Oslo Stock Exchange by the Oslo City Court in 2010, the two retail traders were finally acquitted by the Norwegian Supreme Court in May 2012. The case was commented upon in our October 2010 newsletter. The ruling of the Supreme Court was passed with dissenting votes and remains controversial. Many view the ruling as providing the right outcome, but for the wrong reasons.
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Wikborg Rein received the Norway IP Firm of the Year award for 2012 | 26th April 2012
Wikborg Rein received during the Global Awards ceremony 15 March 2012 the "Norway IP Firm of the Year 2012 award".
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Wikborg Rein-partner Cecilie Kvalheim with Norwegian Law Commentary to the Securities Funds Act | 24th April 2012
The new Norwegian Securities funds Act of 25 November 2011 came into force on 1 January 2012. The Act implements the EU UCITS IV-directive which is aimed at strengthening the competitiveness of the European fund industry, providing investors with greater choice as well as improving fund information.
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