Compliance og krisehåndtering

  • Internasjonale sanksjoner og eksportkontroll

    2019

    US renews legal basis for sanctions against Iran

    On 12 March 2019, the US renewed the legal basis for its sanctions against Iran.

  • Internasjonale sanksjoner og eksportkontroll

    2019

    US issues updated General License 7A in relation to sanctions against Venezuela

    Last week, we informed that OFAC had issued General Licences 3D and 9C relating to certain Venezuelan bonds and Petroleos de Venezuela S.A. ("PdVSA") securities. Yesterday, OFAC issued yet another General Licence relating to US sanctions against Venezuela.

  • Innovasjon og digitalisering

    2019

    Blant Norges 50 fremste kvinner innen teknologi

    Vår CIO, Mette Ahlquist, er kåret som en av Norges 50 fremste kvinner innen teknologi av Abelia og ODA-Nettverk.

  • Internasjonale sanksjoner og eksportkontroll

    2019

    Updated General Licenses in relation to the US Sanctions against Venezuela

    Previously, the US President has issued various Executive Orders ("EO"s) to stop the human rights abuses and antidemocratic actions of the regime of Venezuelan President Nicolas Maduro. Various General Licenses, issued by OFAC, do however provide exemptions from the EO provisions in order to minimize the impact on the Venezuelan people and US interests.

  • Innovasjon og digitalisering

    2019

    Et digitalt advokatkontor

    Digitale verktøy endrer ikke bare måten vi samarbeider med kundene våre på, digitalisering sørger også for at advokatene våre får oppfølging og faglig påfyll på helt nye måter. Nylig holdt vi et foredrag om hvordan Wikborg Rein har jobbet systematisk med digitalisering av våre interne HR-prosesser.

  • Compliance og krisehåndtering

    2019

    Update – Beneficial ownership register act

    In order to fully implement the EU Fourth Anti-Money Laundering Directive, Norway is soon to establish the necessary legal basis for a Beneficial Ownership Register. The EU Fourth Anti-Money Laundering Directive article 30 provides that companies in Member States should obtain and hold information relating to their “Beneficial Owners” and that this information should be reported to a central register.

  • Internasjonale sanksjoner og eksportkontroll

    2018

    EU renews its Russia sectoral sanctions

    On 21 December 2018, the EU decided to extend its Russia-related sectoral sanctions and export controls for another six months, until 31 July 2019.

  • Internasjonale sanksjoner og eksportkontroll

    2018

    New US sanctions against Nicaragua

    On 20 December 2018, President Trump signed into law the Nicaragua Human Rights and Anticorruption Act of 2018. Being quite limited in scope, the Act instructs the US to oppose international loans and financial or technical assistance to the Nicaraguan government for projects in Nicaragua, unless the loans are sought for the purposes of addressing basic human needs or promoting democracy in Nicaragua.

  • Teknologi og IT-rett

    2018

    Luminance – "instant" due diligence

    Teknologiens inntreden i juss-verden er et hett tema i advokatbransjen – også hos våre klienter. Dette tar vi i Wikborg Rein på alvor! Vi benytter derfor digitale verktøy som effektiviserer vårt arbeid, og derved frigir tid til verdiskapende juridisk rådgivning spisset mot våre klienter og den konkrete sak. Ett av de verktøyene vi bruker i denne sammenheng, er et analyseverktøy som heter Luminance. Luminance gir en oversikt over innholdet i store mengder dokumenter på et øyeblikk, og passer derfor utmerket i due diligence-prosesser.

  • Internasjonale sanksjoner og eksportkontroll

    2018

    EU lifts Eritrea sanctions

    On the 10th of December, the EU terminated its sanctions regime against Eritrea.

  • Internasjonale sanksjoner og eksportkontroll

    2018

    Norway lifts Eritrea sanctions

    Earlier this month, we informed that the UN has lifted its sanctions against Eritrea after nine years as a consequence of the improved political and military situation in the country.

  • Internasjonale sanksjoner og eksportkontroll

    2018

    UN lifts Eritrea sanctions

    On 14 November 2018, the UN Security Council adopted resolution 2444 (2018) terminating all UN restrictive measures against Eritrea with immediate effect.

  • Compliance og krisehåndtering

    2018

    Guidance on drafting and interpreting contractual sanctions clauses

    In this article, we discuss the first UK case dealing with the scope of a sanctions exclusion clause in the context of the re-imposed US sanctions on Iran and the EU Blocking Regulation. We also provide some pointers for in-house counsel drafting sanctions exclusion clauses.

  • Compliance and crisis management

    2018

    Guidance on drafting and interpreting contractual sanctions clauses

    In this article, we discuss the first UK case dealing with the scope of a sanctions exclusion clause in the context of the re-imposed US sanctions on Iran and the EU Blocking Regulation. We also provide some pointers for in-house counsel drafting sanctions exclusion clauses.

  • Teknologi og IT-rett

    2018

    Er vi i ferd med å kode om jussen?

    Dette var spørsmålet to av våre mest digitale hoder fikk bryne seg på da de gjestet podcasten til Itera. I podcasten diskuterer IT-direktør Mette Ahlquist og partner Line Coll digitalisering og teknologi i advokatbransjen med juridisk direktør i DNB, Audun Moen.

  • Teknologi og IT-rett

    2018

    Vi er stolte bidragsytere til Oslo Legal Hackathon

    I dag går Oslo Legal Hackathon 2018 av stabelen, der 150 studenter og yrkesutøvende innen jus, teknologi, design, entreprenørskap o.l. skal jobbe i team for å finne løsninger på utfordringer ved å kombinerer juss og teknologi. Løsningen må være klar innen 24 timer – derfor blir dette en insentiv helg for deltakerne!

  • Teknologi og IT-rett

    2018

    Vi samarbeider med ODA-nettverket

    Wikborg Rein har blitt Gullpartner av ODA, Nordens ledende nettverk for kvinner i tech.

  • Compliance

    2018

    The new Norwegian anti-money laundering legislation will enter into force 15 October 2018

    The new Norwegian Anti Money Laundering Act was adopted 1 June 2018. A new Regulation, supplementing the Act, was adopted 14 September 2018. Both the Act and Regulation will enter into force 15 October 2018.

  • Compliance og krisehåndtering

    2018

    Ny hvitvaskingslov og -forskrift trer i kraft 15. Oktober 2018

    Forskrifter til ny hvitvaskingslov er vedtatt og det er besluttet at nytt regelverk trer i kraft 15. oktober 2018. Med ny hvitvaskingslov og -forskrift vil Norge implementere sentrale deler av EUs fjerde hvitvaskingsdirektiv og anbefalingene fra Financial Action Task Force (FATF).

  • Shipping Offshore Resirkulering av skip og rigger

    2018

    Recycling – where ships go to die

    A ship’s life cycle ends with it being dismantled and recycled. Up to 95 % of a ship’s weight is made up of steel, which can be sold and reused. A modern ­recycling process, which also includes the recycling of other materials, can be very efficient and is a positive step towards a greener shipping industry.

  • Compliance og krisehåndtering

    2018

    Privilege in the UK – a landmark decision

    A High Court decision limiting privilege in relation to advice prepared for a company regarding claims of fraud and corruption has recently been overturned by the Court of Appeal in London. The decision widens the scope of protection for disclosing documents created by internal investigations and should give comfort to organisations facing such allegations.

  • Compliance and crisis management

    2018

    Privilege in the UK – a landmark decision

    A High Court decision limiting privilege in relation to advice prepared for a company regarding claims of fraud and corruption has recently been overturned by the Court of Appeal in London. The decision widens the scope of protection for disclosing documents created by internal investigations and should give comfort to organisations facing such allegations.

  • Compliance

    2018

    Proposal to parliament – beneficial ownership register act

    Today the Ministry of Finance presented a proposal for a new Beneficial Ownership Register Act. The proposal will implement the EU Fourth Money Laundering Directive chapter III on beneficial ownership information.

  • International sanctions and export control Compliance and crisis management

    2018

    What Do President Trump's Iran Threats Mean for Norwegian Companies?

    At last month's State of the Union address, President Trump called on Congress to "address the fundamental flaws in the terrible Iran nuclear deal". Trump has been attacking the deal, formally known as the Joint Comprehensive Plan of Action (the "JCPOA"), since he began campaigning for the presidency. But this latest statement, made at one of Washington's most important political events and coming on the heels of Trump's January 12 threat to withdraw from the JCPOA, suggests that the president may be closer to taking action. If Trump does decide to end US participation in the JCPOA, how will he do it? And what will this mean for Norwegian companies considering business in Iran?

  • Compliance

    2018

    Should privilege against self-incrimination apply to corporate investigations?

    Privilege against self-incrimination is a fundamental principle that protects witnesses from revealing information which might expose them to an accusation or criminal charge. Many legal systems recognise this privilege, and in Norway the right to protect oneself against self-incrimination is a rule of law. The privilege derives both from the right to a fair hearing as defined in article 95 of Constitution and article 6(1) of the European Convention on Human Rights in addition to article 14(3)g of the United Nations Convention on Civil and Political Rights. In the US the privilege is enshrined in the Fifth Amendment to the Constitution.

  • Compliance

    2018

    Forslag til ny lov om register over reelle rettighetshavere lagt frem for Stortinget

    Regjeringen la i dag frem forslag til en ny lov om register over reelle rettighetshavere i Prop. 109 L (2017-2018). Loven implementerer EUs fjerde hvitvaskingsdirektivs forpliktelse til å opprette et sentralt register over reelle rettighetshavere.

  • International sanctions and export control Compliance and crisis management

    2018

    Considerations for Norwegian Companies after the US Withdrawal from the Iran Nuclear Deal

    On May 8, President Donald Trump announced that the United States would withdraw from the Iran nuclear deal, otherwise known as the Joint Comprehensive Plan of Action ("JCPOA"), and re-impose the sanctions that the US had lifted under the deal. This will have important ramifications for Norwegian companies as the United States will quickly revert to the sanctions regime that existed before the JCPOA.

  • Compliance

    2018

    Update: New money laundering act and new report from FATF

    On Friday 16 February 2018 the Government presented a proposal for a new Anti-Money Laundering Act. The proposal will implement most of the EU Fourth Money Laundering Directive (Directive (EU) 2015/849).

  • Compliance

    2018

    Corporate criminal liability; the impact of an effective compliance program

    An effective compliance program is essential for any business and it needs to be strong, both on paper and in practice. It addition to providing measures to assist companies to prevent, detect and respond to violations of laws and regulations, such programs have an important role to play as part of any defence against corporate criminal investigations and prosecutions.

  • Compliance og krisehåndtering

    2018

    Corporate criminal liability; the impact of an effective compliance program

    An effective compliance program is essential for any business and it needs to be strong, both on paper and in practice. It addition to providing measures to assist companies to prevent, detect and respond to violations of laws and regulations, such programs have an important role to play as part of any defence against corporate criminal investigations and prosecutions.

  • Compliance og krisehåndtering

    2018

    Should privilege against self-incrimination apply to corporate investigations?

    Privilege against self-incrimination is a fundamental principle that protects witnesses from revealing information which might expose them to an accusation or criminal charge. Many legal systems recognise this privilege, and in Norway the right to protect oneself against self-incrimination is a rule of law. The privilege derives both from the right to a fair hearing as defined in article 95 of Constitution and article 6(1) of the European Convention on Human Rights in addition to article 14(3)g of the United Nations Convention on Civil and Political Rights. In the US the privilege is enshrined in the Fifth Amendment to the Constitution.

  • Internasjonale sanksjoner og eksportkontroll Compliance og krisehåndtering

    2018

    What Do President Trump's Iran Threats Mean for Norwegian Companies?

    At last month's State of the Union address, President Trump called on Congress to "address the fundamental flaws in the terrible Iran nuclear deal". Trump has been attacking the deal, formally known as the Joint Comprehensive Plan of Action (the "JCPOA"), since he began campaigning for the presidency. But this latest statement, made at one of Washington's most important political events and coming on the heels of Trump's January 12 threat to withdraw from the JCPOA, suggests that the president may be closer to taking action. If Trump does decide to end US participation in the JCPOA, how will he do it? And what will this mean for Norwegian companies considering business in Iran?

  • Internasjonale sanksjoner og eksportkontroll Compliance og krisehåndtering

    2018

    Considerations for Norwegian Companies after the US Withdrawal from the Iran Nuclear Deal

    On May 8, President Donald Trump announced that the United States would withdraw from the Iran nuclear deal.

  • Compliance

    2018

    Status for ny hvitvaskingslov og ny rapport fra FATF

    Regjeringens forslag til ny hvitvaskingslov er nå til behandling i Stortinget. Det er gjennomført åpen høring i Finanskomiteen og frist for avgivelse av komiteens innstilling er 8. mai 2017.

  • Fiskeri og havbruk

    2018

    Havbruksrettsdagen 2019

    Hvert år arrangerer Wikborg Reins Bergens-kontor Havbruksrettsdagen i begynnelsen av mai. Halvdagsseminaret er et faglig seminer der målet er å dele og utveksle kunnskap og erfaringer om det regulatoriske innen havbruksretten, og reflektere over bransjen gjennom gode diskusjoner og deling av kunnskap. Seminarets innhold fastsettes etter det som til enhver tid er aktuelt for næringen.