Ten years ago the Norwegian structured products market was flourishing – with NOK2.7bn (€320m) raised by 24 providers selling 250 products at its peak in 2006 – before grinding almost to a halt in early 2008 when tough new regulation introduced by the then finance minister Kristin Halvorsen was accompanied by a declaration, “For all practical purposes, it will now be against the law to sell complicated risk products to ordinary customers”. Within two weeks, six issuers removed structured produc