Country-by-Country Payments Regulation and Norwegian Accounting Act §3-3d, Security Trading Act §5-5a

Norway Current 2014

The Norwegian regulation regarding ‘Report on Payments to Governments’ (‘Lov om rapportering om betalinger til myndigheter mv.’) applies to companies involved in extractive and logging activities. The Norwegian Accounting Act § 3-3d, § 3-5 and § 8-2 and the Norwegian Securities Act § 5-5a, § 5-12 and § 5-13 include references to transparency rules. The detailed regulation is provided for in the regulation ‘Forskrift om land-for-land rapportering’. The requirements are more extensive than those of the relevant EU Directive approved 2013.


General sustainability/ESG/non-financial

Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

Companies in extractive and non-planted forestry above a certain size/income

Issuer type


Type of instrument


Mandatory or voluntary


The geographical scope


Project Partners