Nominee Accounts

A bank, investment firm, securities register or management company may upon application to the Norwegian Financial Supervisory Authority (No: Finanstilsynet) be authorised to appear in the unit holder register on behalf of the beneficial owner (i.e. act as nominee). Authorisation must be obtained prior to purchasing fund units in ODIN’s securities funds. For additional information on the nominee legislation in Norway and the potential consequences of not adhering to them please read the translation of the legislation.

An application for registration by a foreign (non-Norwegian) applicant shall be accompanied by:
- a declaration from the home country’s supervisory authority showing that the applicant is a licensed bank, investment firm, securities register or management company and is subject to supervision by the authority concerned, and

- a declaration from the home country’s supervisory authority or from a lawyer practising in the jurisdiction in question confirming that under the home country’s legislation there is nothing to prevent the nominee from undertaking to provide information that may be required under these regulations.

Please be advised that pursuant to the legislation, a nominee is required to report to the Norwegian tax authorities the identity and unit holdings in the funds of any Norwegian taxpayer on whose behalf it acts as a nominee.

Applicants from countries outside the EEA shall in addition provide documentation proving that their country of origin has implemented money laundry rules and regulations that conform with the EEA rules and regulations on money laundry.

Submitted documents that are not in a Scandinavian language must be accompanied by an authorised translation in Norwegian or English.

The application for nominee registration shall be sent to:
Finanstilsynet (The Financial Supervisory Authority in Norway)
P.O. Box 1187 Sentrum
N-0107 Oslo / Norway

For more information please contact Finanstilsynet at:
Telephone: +47 22 93 98 00
Fax: +47 22 63 02 26
E-mail: post@finanstilsynet.no
Website: www.finanstilsynet.no

Please do not hesitate to contact ODIN’s customer service on tel: +46 8 407 14 00 or +47 22 01 02 04 or e-mail: kontakt@odinfond.no or kundeservice@odinfond.no if you have any questions with regard to the above.

When authorisation as nominee has been obtained by Finanstilsynet and a copy of the authorisation document has been submitted to ODIN the investment procedure under Institutional clients applies.