Information and forms for the marketing of AIFs in EEA states other than Norway

Norwegian AIFMs authorised to manage AIFs that intend to market AIFs established in Norway or another EEA state to professional investors in an EEA state other than Norway must submit a notification to Finanstilsynet. Upon the termination of marketing a de-notification letter must be submitted to Finanstilsynet.

Marketing in other EEA states of AIFs established in Norway or another EEA state (AIFM Act section 6‑2)

A Norwegian AIFM authorised pursuant to section 2‑2 of the AIFM Act that intends to market AIFs to professional investors in another EEA state must submit a notification to Finanstilsynet pursuant to section 6‑2 of the Act.

The notification must be submitted in English and include the information specified in section 6‑2 and section 6‑1 subsection (1) of the AIFM Act. This includes a programme of operations identifying the AIF, information made available to investors in the fund, including the information specified in section 4‑2, and a description of any arrangements established to prevent the fund from being marketed to non‑professional investors.

Within 20 working days of receipt of a complete notification, Finanstilsynet shall transmit the notification and a confirmation that the AIFM is authorised to manage AIFs with the relevant investment strategy to the competent authorities of the host member state(s). The AIFM may commence marketing from the date on which it receives confirmation from Finanstilsynet that the notification has been transmitted.

AIFMs must use the notification letter in Annex II to Commission Implementing Regulation (EU) 2024/913. The same form must be used to notify material changes to information previously submitted.

Cessation of marketing of AIFs in another EEA state (AIFM Act section 6‑9)

A Norwegian AIFM authorised pursuant to section 2‑2 of the AIFM Act that has notified the marketing of an alternative investment fund to professional investors in another EEA state and no longer intends to market the fund in that state must notify Finanstilsynet of the cessation of marketing, cf. section 6‑9 of the AIFM Act (AIFMD article 32a).

The AIFM must use the standardised de‑notification letter below.