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Jørgen Keiserud Specialist Counsel Advokat

Jorgen primarily works with financial regulatory issues and assists Norwegian and foreign banks and financial institutions with questions related to Norwegian financial legislation. With his ten-year background from the Secretariat of the Banking Law Commission, Jorgen has developed significant expertise in various laws within the financial sector, including the Financial Institutions Act and the Insurance Activities Act. Jorgen has also been responsible for a commentary edition of the first parts of the Financial Institutions Act, which was published by the largest publisher in Norway (Gyldendal) in 2020 in collaboration with Lise Ljungmann Haugen, Erik Keiserud, and Professor Dr. Juris Erling Selvig.

Jorgen particularly focuses on issues related to capital and solvency requirements for banks and insurance companies (CRD/CRR and Solvency II), crisis management and deposit guarantee rules for banks (BRRD/DGSD), as well as the specific rules that apply to the savings bank sector regarding capital and structural changes. In addition, Jørgen works on a range of issues that arise for Norwegian and foreign companies in relation to the Financial Contracts Act, the Insurance Contracts Act, and the Insurance Mediation Act. Jorgen also closely follows the new capital requirements framework (CRD VI/CRR 3) - both standard method and IRB rules, as well as the new crisis management framework for pension and insurance companies (IRRD). With his background in the Banking Law Commission, Jorgen also has good knowledge of the various pension schemes within the private sector.

These factors have provided Jorgen with a solid foundation to assist financial institutions with licensing and supervisory-related questions both during normal operations and when expanding or changing business areas, as well as with regard to transactions and structural changes within the banking area focusing on financial regulatory matters.

Jorgen is also the editor of Thommessen's news platform (Tracker) within the financial area and has extensive knowledge of the various regulatory processes currently ongoing in the EU within the banking, insurance, payment service and securities sectors etc., as well as the Norwegian implementation of the final EU/EEA legal acts.

Jorgen holds an LLM from Columbia Law School with a particular focus on the regulation of financial institutions, and in this context, he has gained a good understanding and insight into specific financial regulatory issues in the USA, as well as financial regulatory questions that may arise across borders.

With his background as a manager for various Norwegian artists (and as a musician and record label owner himself) and his coursework in contract law and copyright law as part of his LLM from Columbia Law School, Jorgen also has a good understanding and insight regarding assistance to Norwegian artists and companies in the music and entertainment sectors, with a particular focus on contract drafting and negotiations, as well as master catalog transactions.
  1. The Norwegian Financial Daily's annual Lawyer survey
    Top 5 Up and Coming, Insurance

  1. Managing Associate, Oslo, Thommessen

  2. Legal advisor, In 2011 to 2012, Jorgen was studying at Columbia Law School in New York to obtain a LL.M. degree within especially the financial regulatory area. Afterwards, Jorgen - in addition to participating in various report work within the insurance and pension area - was primarily responsible for the report work related to the implementation of the bank recovery and resolution directive (BRRD) and the deposit guarantee schemes directive (DGSD) into Norwegian law. When this report work was completed, Jorgen worked on new rules on crisis management for the insurance and pension sector based on awaited EU rules within this area., The Banking Law Commission, Ministry of Finance

  3. Legal advisor, In addition to participating in the Banking Law Commission's report work on adapting the private pension laws to the National Insurance reform of 2009, in this period Jorgen was primarily responsible for the completion of the draft consolidated Act on Financial Institutions and Financial Groups (Financial Institutions Act), which was issued in May 2011 and later adopted as law in 2015., The Banking Law Commission, Ministry of Finance

  4. Acting Principal Secretary, Jorgen served as the Secretariat's principal secretary for the period 2008 to 2009 where he a special responsibility in completing the proposal for new rules for non-life insurance companies and a new framework for equity capital instruments and structural changes within the savings bank sector., The Banking Law Commission, Ministry of Finance

  5. Legal advisor, Jorgen was hired as legal advisor to the Banking Law Commission's Secretariat in the autumn of 2007. He was responsible for the Banking Law Commission's report work within the banking and finance field, including in particular drafting the new law on financial institutions and financial groups (Financial Institutions Act) and the revision of the rules on deposit guarantee schemes and public administration of banks etc. with the view of implementing the bank recovery and resolution directive (BRRD) and the deposit guarantee schemes directive (DGSD) into Norwegian law. In addition, he has participated in the Banking Law Commission's report work within insurance and pension., The Banking Law Commission, Ministry of Finance

  1. LL.M.

  2. Candidate in Jurisprudence
    University of Oslo, Faculty of Law

  3. Student exchange program
    University of Barcelona, Faculty of Law

  1. Financial Institutions Act - Commentary Part I (work in progress), Gyldendal Rettsdata