Authorization and Supervisory Authority

(2008-09-08)

Smedvig Asset Allocation AS is a securities services company with authorization from the Financial Supervisory Authority of Norway. Pursuant to §9-1, first subsection, cf. § 2-1, first subsection no. 4 and no. 5, of the Norwegian Securities Trading Act, the company is authorized to provide the following services:
– Active management of an investor’s portfolio of financial instruments, on an individual basis or with power of attorney from the investor;
– Investment advice.

The company is also authorized to provide the following associated services:
– No. 1 Custody and management of financial instruments;
– No. 4. Foreign currency exchange services relating to the provision of investment services.

The supervisory authority is the Financial Supervisory Authority of Norway (FSAN), which monitors the company’s activities on a continuous basis. The FSAN may be contacted by telephone on +47 2293 9800, or by e-mail. The postal address is P.O. Box 1187 – Sentrum, N-0107 Oslo, Norway.

The company is a member of the Norwegian Investor Compensation Scheme (NICS). Information about the compensation scheme, and the coverage afforded, is available on the NICS website. The website address is: www.verdipapirforetakenessikringsfond.no.