A quick ban on kickbacks in Norway seems improbable

Even though the hearing on a special Norwegian prohibition of retrocession fees on fund sales has been concluded, reform could be years in the future.
Photo: Magnus Eidem
Photo: Magnus Eidem
BY MAGNUS EIDEM, TRANSLATED BY HELENE VON TABOUILLOT

This fall, The Norwegian Ministry of Finance initiated a public hearing on a proposed law to ban so-called retrocession fees on retail funds. 

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