10 September 2015
11 June 2015
The English translation of the Risk Outlook 2015 report is now available in PDF.
9 June 2015
The annual report for 2014 is now available.
26 May 2015
The Financial Institutions's Use of Information and Communications Technology (ICT)
22 April 2015
The level of debt in Norway is high relative to total production, and has never been higher than at present. Household debt in particular has grown by a wide margin relative to incomes. Concurrently house prices have risen sharply. After briefly levelling off in 2013, house price growth has again gathered momentum.
17 March 2015
Finanstilsynet yesterday responded to the Ministry of Finance's letter dated 6 March 2015 concerning household credit growth.
11 March 2015, updated 14 April 2015
As part of its supervision of management companies, Finanstilsynet investigates whether Norwegian equity funds that are marketed and priced as actively managed funds are in fact managed as such.
20 December 2014
4 November 2014
Low unemployment, high wage growth and low interest rates have spurred substantial growth in household debt and incomes in recent years. However, household indebtedness has risen more quickly than incomes, and the ratio of debt to incomes is unprecedentedly high. The high level of household debt renders the Norwegian economy vulnerable to negative shocks.
26 October 2014
The European Banking Authority (EBA) today announces the results of the 2014 EU-wide stress test, which also covers the DNB banking group.
16 October 2014
Finanstilsynet has reviewed certain aspects of the 2012 consolidated financial statements of Jinhui Shipping and Transportation Group ("Jinhui"). The review has covered, inter alia, the impairment tests of Jinhui's vessels.
10 October 2014
Finanstilsynet's registry now contains information on the companies approved by Finanstilsynet to be registered on behalf of the beneficial owner in Norwegian securities registers, registers of shareholders and unit holder registers ("nominee authorisations").
20 August 2014
Finanstilsynet has, in accordance with the prohibition against uncovered short sale in the Norwegian Securities Trading Act section 3-14 cf. section 17-2, decided to order Ellis Lake Capital LLC ("Ellis Lake") to surrender the gain of NOK 482,161 obtained through the sale of 80,020 shares in Northland Resources S.A. on 21 August 2013.
20 August 2014
Finanstilsynet has, in accordance with the prohibition against uncovered short sale in the Norwegian Securities Trading Act section 3-14 cf. section 17-2, decided to order Scoggin Capital Management II LLC (Scoggin) to surrender the gain of NOK 5.27 million obtained through the sale of 850,607 shares in Northland Resources S.A. on 26 August 2013.
1 July 2014
Finanstilsynet is to impose stricter requirements on the models used by banks to estimate residential mortgage risk. The largest banks use these models to calculate risk weights which determine the capital required to back their mortgage loans. Mortgage risk weights have fallen in recent years while higher house prices and higher household indebtedness have increased the risk present in the mortgage market.
13 June 2014
The report summarises financial institutions’ results for the previous year, and assesses risks facing banks and other institutions in the Norwegian financial market and potential sources of future stability problems in the Norwegian financial system.