Floating offshore wind turbines is a field undergoing major development. Several companies and research institutes worldwide are engaged in research programs, pilot projects and even planning of commercial floating wind farms. Developing standards for design of floating wind turbine structures and a framework for prevailing rules are crucial and necessary for the industry to continue to grow. Det Norske Veritas (DNV) is an international provider of offshore standards for both the oil and gas industry and the wind energy industry. The standard DNV-OS-J101 “Design of Offshore Wind Turbine Structures” provides principles, technical requirements and guidance for design, construction and in-service inspection of offshore wind turbine structures. As a first step towards updating this standard to fully cover floating wind turbine structures, a DNV Guideline for Offshore Floating Wind Turbines has been established. This development is based on identification of current floating wind turbine concepts and the guideline includes an evaluation of what is required to make DNV-OS-J101 suitable for floating wind turbine structures. This paper presents the highlights of the new DNV Guideline for Offshore Floating Wind Turbine Structures.