Norway Financial Sector Assessment Program-Technical Note-Banking Regulation and Supervision

This note presents a targeted review of selected aspects in the regulation and supervision of banks in Norway. The review is carried out as part of the 2020 Norway Financial Sector Assessment Program (FSAP) and the findings and recommendations are based on the regulatory framework in place and the s...

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Bibliographic Details
Corporate Author: International Monetary Fund Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Depository Institutions 
653 |a Asset requirements 
653 |a Capital adequacy requirements 
653 |a Banks 
653 |a Finance 
653 |a Banks and banking 
653 |a Financial sector policy and analysis 
653 |a Value of Firms 
653 |a General Financial Markets: Government Policy and Regulation 
653 |a Micro Finance Institutions 
653 |a Crime 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Mortgages 
653 |a Illegal Behavior and the Enforcement of Law 
653 |a Criminology 
653 |a Financial risk management 
653 |a Credit risk 
653 |a Capital and Ownership Structure 
653 |a Operational risk 
653 |a Money laundering 
653 |a Goodwill 
653 |a Banks and Banking 
653 |a White-collar crime 
653 |a Financial services industry 
653 |a Financial regulation and supervision 
653 |a Anti-money laundering and combating the financing of terrorism (AML/CFT) 
653 |a Banking 
653 |a Financial Risk and Risk Management 
653 |a Financing Policy 
653 |a Financial services law & regulation 
653 |a Finance: General 
653 |a Financial stability assessment 
653 |a Corporate crime 
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520 |a This note presents a targeted review of selected aspects in the regulation and supervision of banks in Norway. The review is carried out as part of the 2020 Norway Financial Sector Assessment Program (FSAP) and the findings and recommendations are based on the regulatory framework in place and the supervisory practices employed at end-October 2019. The note focuses on the powers and responsibilities, independence, and resourcing of Finanstilsynet (FSA); its supervisory approach and enforcement powers and practices; key aspects of the prudential framework; and mechanisms to prevent abuse of financial services