Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10001758968
Persistent link: https://www.econbiz.de/10001817124
Norway's key challenge is to get the right balance of support for recovery and adjustment until the crisis is firmly in …
Persistent link: https://www.econbiz.de/10012604045
Persistent link: https://www.econbiz.de/10012604047
Much of the work of the FSAP was conducted prior to the COVID-19 outbreak. The risk and vulnerability analysis integrates the original work with a quantification of the impact of the COVID-19 crisis on bank solvency under two separate scenarios. The original 'market shock' scenario explores...
Persistent link: https://www.econbiz.de/10012391170
While Norway's institutional arrangement for macroprudential policy is uncommon, the authorities have shown strong … willingness to act. The Ministry of Finance (MoF) is the sole macroprudential decision-maker in Norway, which is rare in …
Persistent link: https://www.econbiz.de/10012302797
Norwegian banks and other financial institutions rely heavily on capital markets for liquidity and risk management. Liquidity conditions in the Norwegian financial sector are affected by central bank operations and the lending and funding activities of financial institutions, both domestically...
Persistent link: https://www.econbiz.de/10012302807
The Norwegian insurance sector is well-capitalized. In recent years, the authorities have taken steps to recapitalize weak insurers and to boost capital for the overall industry. Risk-resilience has been strengthened by stronger retention of profits leading to accumulation of reserves, better...
Persistent link: https://www.econbiz.de/10012302809
The Norwegian financial system has a long history of incorporating new technology. Norway is at the forefront of … threats. Norway is increasingly a cashless society, with surveys and data collection suggesting that only 10 percent of point …-of-sale and person-to-person transactions in 2019 were made using cash.1 Most payments made in Norway are digital (e.g., 475 card …
Persistent link: https://www.econbiz.de/10012302810
Norway has made substantial progress in strengthening its framework for financial crisis management and bank safety … Financial Groups Act and accompanying regulations. Finanstilsynet (the Financial Supervisory Authority of Norway, FSA) has been … designated as Norway's resolution authority. Resolution financing options were broadened by establishing a resolution fund. While …
Persistent link: https://www.econbiz.de/10012302812