High debt levels and high property prices pose a significant risk to economic and financial stability in Norway. The rise in household debt has for several years outstripped income growth, resulting in a higher than ever debt burden, as measured by the ratio of debt to disposable income. The debt levels of Norwegian non-financial firms, measured as a share of GDP, are also at a historically high level. Prices of residential and commercial properties have risen steeply for several years, especially in the Oslo region.

Alpha Blue Ocean Advisors Ltd. has infringed the notification requirement of net short positions under section 3-14 of the Norwegian Securities Trading Act, which implements Short Selling Regulation (EU) No 236/2012 as Norwegian law. Finanstilsynet has imposed a violation penalty of NOK 4,000,000.