Strengthening of Finanstilsynet's work against financial crime

Fight against crime is one of Finanstilsynet's main goals. In addition to the financial sector, Finanstilsynet's supervisory responsibility encompasses external accountants, auditors, estate agents and loan intermediaries. Undertakings engaged in foreign exchange activities and providers of exchange and storage services for crypto assets are also subject to supervision. This broad supervisory responsibility provides a sound basis for preventing and following up financial crime in relation to both supervised entities and entities and private individuals using their services. 

“Financial sector undertakings, external accountants and auditors play an important role in the fight against financial crime. Improved supervision in these areas will help prevent and detect financial crime," says Per Mathis Kongsrud, Finanstilsynet’s Director General. 

The government proposes that the new positions be established at a new office in Hamar. 

“The location in Hamar is in line with Finanstilsynet's assessments. The location provides proximity to other authorities that have already established relevant activities in the region, such as the Norwegian Tax Administration's specialist unit in Hamar and Økokrim's (the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime) fraud unit in Gjøvik," says Kongsrud. 

The government proposes a gradual phase-in over three years. 

“The proposal allows for ten full-time positions from the second half of 2025. It is an ambitious plan but is considered necessary to give the unit a good start and make the positions attractive in the recruitment market," says Kongsrud.

The government's budget proposal for 2025 will now be considered by the Storting (parliament).  

Press release from the government

• Proposed National Budget 2025