Norway (NO)

Jurisdiction Overview

IDQuestionAnswer
360 *Are there criminal sanctions, custodial sentencing or any other statutory sanctions for breaches of banking secrecy? No, there are no statutory sanctions for disclosing client's banking data to any third party.
 Data Date: 2017

Notes

 
The Ministry of Finance in Norway reported that: "all employees who breach confidentiality to disclose information regarding illegal activity will not be subject to prosecution or charged." (TJN-Survey 2015). The 2017 Global Forum report provides no additional information on this regard (GF 2017: 72).

Sources

TJN-Survey 2015; GF 2017: 72