meta_id 3274443

On an unspecified date in 2026, Norway's Financial Supervisory Authority (Finanstilsynet) launched a consultation on proposed amendments to the Regulation of December 6, 2007 No. 1359 concerning submission and publication in connection with flag-duty securities trading, and delegation of authority to exempt from language requirements under the Securities Trading Act. The Financial Supervisory Authority proposes to repeal sections 1 and 2 of the regulation, which currently assign the task of receiving and publishing flag messages to Oslo Børs. Under the proposed change, flag messages would instead be received and published by the Financial Supervisory Authority in accordance with the main rule of the Securities Trading Act. The transfer reflects a broader shift in responsibilities from Oslo Børs to the Financial Supervisory Authority, including the transfer of supervision over information and offer obligations and certain assessments related to implementation of the ESAP regulatory framework. The consultation applies to securities market participants and other stakeholders subject to flag-duty reporting requirements under Norwegian securities law. This development is significant as it consolidates regulatory functions under a single authority, potentially streamlining compliance procedures for market participants while enhancing regulatory oversight. The Financial Supervisory Authority is seeking comments from consultation bodies by September 14, 2026. Submissions should be sent digitally to post@finanstilsynet.no, marked with case number 25/9961. All interested parties may submit comments, regardless of whether they appear on the official list of consultation bodies. Consultation responses will be published on the Financial Supervisory Authority's consultation page in accordance with Norwegian public disclosure requirements.

On an unspecified date in 2026, Norway's Financial Supervisory Authority (Finanstilsynet) launched a consultation on proposed amendments to the Regulation of December 6, 2007 No. 1359 concerning submission and publication in connection with flag-duty securities trading, and delegation of authority to exempt from language requirements under the Securities Trading Act. The Financial Supervisory Authority proposes to repeal sections 1 and 2 of the regulation, which currently assign the task of receiving and publishing flag messages to Oslo Børs. Under the proposed change, flag messages would instead be received and published by the Financial Supervisory Authority in accordance with the main rule of the Securities Trading Act. The transfer reflects a broader shift in responsibilities from Oslo Børs to the Financial Supervisory Authority, including the transfer of supervision over information and offer obligations and certain assessments related to implementation of the ESAP regulatory framework. The consultation applies to securities market participants and other stakeholders subject to flag-duty reporting requirements under Norwegian securities law. This development is significant as it consolidates regulatory functions under a single authority, potentially streamlining compliance procedures for market participants while enhancing regulatory oversight. The Financial Supervisory Authority is seeking comments from consultation bodies by September 14, 2026. Submissions should be sent digitally to post@finanstilsynet.no, marked with case number 25/9961. All interested parties may submit comments, regardless of whether they appear on the official list of consultation bodies. Consultation responses will be published on the Financial Supervisory Authority's consultation page in accordance with Norwegian public disclosure requirements.