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.
8 December 2015
10 November 2015
The oil price fall is affecting the Norwegian economy. Lower demand from the petroleum industry has resulted in substantially lower activity levels and impaired profitability in industries that deliver goods and services to the petroleum sector. Direct exposures to oil-related industry account for a relatively small portion of Norwegian banks' aggregate lending, but there are differences between banks.
18 September 2015
Letter to the Ministry of Finance 26 June 2015
10 September 2015
26 May 2015
The Financial Institutions's Use of Information and Communications Technology (ICT)
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.
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").