Norway: Corporate Governance

The EU's new Anti-Corruption Directive establishes comprehensive criminal law standards across member states, introducing turnover-based corporate fines up to 5% of global revenue, expanded liability for supervisory failures, and formal recognition of compliance programmes as mitigating factors. While Norway is not required to implement the Directive, Norwegian companies with EU operations face direct exposure as member states begin transposition by June 2028, requiring immediate attention to compliance fra