Structured Finance & Regulatory

In addition to providing stand-alone financial regulatory advice, our Structured Finance & Regulatory practice leverages a combination of regulatory expertise and transactional know-how to deliver value to clients with complex or unusual financing needs where bespoke solutions are needed. Our offering includes securitization, covered bonds, derivatives, regulatory capital, factoring and trade finance solutions. 

Our team has been at the forefront for innovative financial transactions in the Norwegian financial market for many years. We participate in legislative processes to support the continued development of the Norwegian structured finance market in cooperation with finance industry and their organisations.  

We pioneered the development of the Norwegian covered bond markets which today is Norway’s largest market for issuance of debt capital market instrument and a segment where our market position remains unrivalled by any other firm. 

Selected matters:

• We acted on the first ever securitisation of a loan portfolio by a Norwegian bank under legislation which at the time was both untested and highly complex.  

• We acted on the first ever synthetic (SRT) securitisation by a Norwegian bank designed to comply with the EU Securitisation Regulation. 

• We took an active part in the development of new Norwegian covered bond legislation, which allowed this market to thrive in Norway from 2007 onwards.  

• We developed a new form of residential mortgage right to alleviate problems caused by legislative changes in 2017 which caused unforeseen consequences for the Norwegian covered bond market.