Finanstilsynet's practices for assessing risk and capital needs
Published: 8 November 2022
Document number: 3/2022
This circular and appendices describe the main elements of Finanstilsynet's assessment of institutions’ overall risk level and need for capital (SREP), including Finanstilsynet's methodology for assessing capital needs under Pillar 2. The circular must be viewed in the context of the European Banking Authority's (EBA) SREP guidelines and the determination of capital needs under Pillar 2. This circular replaces circular 12/2016.
This circular applies to:
- Financial holding companies
- Mortgage companies
- Finance companies
Note: This circular was first published in Norwegian on 8 September 2022.