Institutional clients trade funds by submitting order forms to ik.ordre@storebrand.no.
Important assumptions
The cut-off for trading is normally at 13:00 (CET) for NO ISIN and 13:30 (CET) for SE ISIN, if the trade is to be carried out on the same day. To obtain today’s rate (NAV) payments must be received prior to the cut off time.
International tax reporting (FATCA and CRS)
Storebrand is required to obtain a self-declaration when creating new accounts with mandatory reporting. This is subject to the agreement that Norway has signed with both the USA (through the Foreign Account Tax Compliance Act — FATCA) and the OECD member states (through the Common Reporting Standard — CRS).
The purpose is to obtain information to determine whether our clients have tax liability in countries other than Norway. This means that Storebrand and other Norwegian financial institutions are required to identify clients with tax liability in countries other than Norway and to provide the account information to the Norwegian tax authorities, who will pass the data on to the other countries' tax authorities. Read more about FATCA and CRS at skatteetaten.no