Norway (NO)

Jurisdiction Overview

IDQuestionAnswer
473 *BO Update: Is the update of information on the identity of beneficial owners mandatory? Yes
 Data Date: 2019

Notes

 
The Beneficial Ownership Register Act adopted in February 2019 propose "that a notification from the person subject to registration be sent as soon as information on the real rights holder has been obtained, possibly as a result of updating the information." (Beneficial Ownership Register Act, Section 7.3, and Chapter 2 Article 4).

Sources

Beneficial Ownership Register Act
 
https://web.archive.org/web/20191204203050/https://www.regjeringen.no/no/dokumenter/prop.-109-l-20172018/id2604993/#
 
https://paymentscompliance.com/premium-content/research_report/norway-adoption-beneficial-ownership-register-act