Åpenhet om eierskap i norske foretak – arbeidet med elektronisk aksjeeierbok

In 2014, Norwegian authorities stated the need for more transparent and effective list of shareholders in Norwegian companies according to the Norwegian Companies Act § 4-5. Research for adequate solutions started, but no final solution has been decided. The process seems to have been delayed due to the implementation of the fourth EU Anti-money Laundering Directive. The article analyses the question whether the implementation of the Directive by a new law of Register of corporate ownership and beneficial ownership gives satisfaction to the aim of establishment of a more transparent and effective list of shareholders.