Norway's Beneficial Ownership Register Obligations Entering into Force

The Norwegian Ministry of Finance has issued a notice on amendments to various laws and regulations that enter into force in July 2025. One of the key amendments concerns the requirement to register beneficial ownership information. While Norway has required the identification and maintenance of documentation on beneficial owners since 2021, the Act on the Register of Beneficial Owners introduced requirements to register this information. The Act entered into force on 1 October 2024, but the…