Cross-border activities

Processing fees for applications for and notifications of cross-border activities, etc. 

Entities and individuals operating in Norway that are licensed by the financial supervisory authority in another country (cross-border activities, etc.) pay a processing fee for each application or notification concerning such activities in the Norwegian market, cf. Section 6-13 of the Financial Supervision Regulations. 

• Further information on funding of Finanstilsynet's expenses through supervisory levies and fees

For most institutions established in another EEA state, notifications of cross-border activities will be exchanged between the various countries’ supervisory authorities. Other undertakings, such as third-country auditors and managers of alternative investment funds (AIF managers) established outside the EEA intending to market funds, must apply for an authorisation. Information on cross-border activities shall be registered in Finanstilsynet's registry. Please note that an annual levy (supervisory levy) will also be charged the following year to undertakings registered in Finanstilsynet’s registry on 31 December.

According to Section 6-13 (3) of the Financial Supervision Regulations, processing fees for cross-border activities, etc. shall be minimum NOK 5 000 and maximum NOK 10 000. The fees shall cover the expenses incurred by Finanstilsynet's in processing the notifications and applications, including maintenance of registries and systems, etc.  

The processing fees for 2025 are as follows: 

• Norwegian agents of payment institutions established in another EEA state: NOK 5 000 
• AIF managers established in another EEA state intending to market funds established outside the EEA (section 6-4 of the Act on the Management of Alternative Investment Funds (AIF Act)): NOK 8 000 per fund
• AIF managers established outside the EEA intending to market funds (section 6-5 of the AIF Act): NOK 15 000 per fund
• fund management companies established outside Norway intending to market foreign mutual funds that are not UCITS to non-professional investors (section 9-4 of the Securities Funds Act): NOK 25 000 per fund
• fund management companies established in another EEA state notifying marketing of foreign funds (section 9-3 of the Securities Funds Act): NOK 5 000 per fund
• AIF managers established in another EEA state notifying marketing of funds (section 6-3 of the AIF Act): NOK 5 000 per fund
• AIF managers established in another EEA state intending to market funds to non-professional investors (section 7-1 of the AIF Act): NOK 25 000 per fund
• Norwegian tied agents of investment firms established in another EEA state: NOK 8 000
• audit firms domiciled in a country outside the EEA that audit the annual financial statements of an undertaking established outside the EEA which has issued transferable securities admitted to trading on a regulated market in Norway: NOK 5 000 

Invoices for the processing fees are submitted via Finanstilsynet’s provider of accounting services, the Norwegian Agency for Public and Financial Management (DFØ). DFØ uses Fair Distribution for invoice distribution. In the event of non-payment, the institution/person will not be registered in Finanstilsynet's registry, or may be removed from the registry after registration.