Norway’s Ministry of Finance opened a public consultation on a proposed list of jurisdictions deemed non-cooperative for tax purposes on 14 May 2025.
The establishment of this list is part of the Ministry’s work to implement EEA Joint Committee Decision No. 145/2024, which incorporates Regulation (EU) 2017/2402 (the Securitisation Regulation) and Regulation (EU) 2021/557 (the amending regulation to the Securitisation Regulation) into the EEA Agreement.
In the Act of 10 April 2025 No. 11 on amendments to the Financial Institutions Act, etc. (synthetic STS securitisation, etc.), a legal basis was adopted in the Financial Institutions Act authorising the Ministry to establish by regulation a national list corresponding to the EU list.
This law has not yet entered into force.
The consultation is set to conclude on 13 June 2025.