9 December 2016
The Financial Supervisory Authority of Norway ("Finanstilsynet") expects rules similar to Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps, to become effective as of 1. January 2017.
30 November 2016
Economic developments in Norway reflect reduced activity levels in the oil sector and in oil-related industries. The oil price fall has brought a marked impairment in the profits and financial position of businesses in oil-related sectors. Several major companies in the offshore industry are in negotiations with creditors to restructure debt. Several of the largest Norwegian banks are exposed to these industries.
27 October 2016
Finanstilsynet's Pillar 2 requirements for DNB, Nordea Bank Norge and Kommunalbanken are published today.
13 October 2016
An analysis of Norwegian balanced funds conducted by Finanstilsynet has identified some aspects for improvement. The analysis shows that in many cases the fees charged for managing balanced funds' equity investments significantly exceed the fees charged for managing pure equity funds.
8 September 2016
Finanstilsynet replied today to the Ministry of Finance’s letter of 23 June 2016 on the question of retaining or, if appropriate, amending the current residential mortgage lending regulations.
29 July 2016
The European Banking Authority (EBA) today announced the results of the EU-wide stress test of 51 European banks, including DNB Bank Group. The stress test scenarios cover the period 2016-2018.
26 July 2016
5 July 2016
The English translation of the Risk Outlook 2016 report is now available in PDF.
4 July 2016
Finanstilsynet has reviewed the 2014 financial statements of General Exploration Partners, Inc.
4 July 2016
Finanstilsynet has reviewed one matter in the financial statements of Statkraft AS that concerns the accounting treatment of power contracts with embedded foreign currency derivatives.
1 July 2016
The Financial Institutions's Use of Information and Communications Technology (ICT)
29 June 2016
Finanstilsynet has reviewed one matter in the financial statements of Agder Energi AS that concerns the accounting treatment of power contracts with embedded foreign currency derivatives.
10 June 2016
The annual report for 2015 is now available.
8 June 2016
The oil price fall is making its mark on the Norwegian economy. Activity levels in the oil sector have fallen sharply, and there is substantial overcapacity in oil-related industries. Large parts of the offshore fleet are laid up, and many companies are making workforce reductions. However, ripple effects to the wider Norwegian economy have thus far been limited. Expansionary fiscal policy, low interest rates and a weaker krone exchange rate are helping to maintain activity levels in other...
24 February 2016
The European Banking Authority (EBA) today published its methodology and scenarios for the 2016 EU-wide bank stress test. The stress test covers 51 European banks, among them the Norwegian DNB Bank Group.
9 February 2016
Finanstilsynet has reviewed certain aspects of the 2014 financial statements of BW Offshore Limited ("BWO"). The review has primarily focused on the company's method for depreciating vessels classified as conversion candidates.
8 February 2016
Finanstilsynet has reviewed certain aspects of the 2014 financial statements of Fred. Olsen Energy ASA (FOE).
15 December 2015
Information and technical guidance for reporting to Finanstilsynet.