Norway's key challenge is to get the right balance of support for recovery and adjustment until the crisis is firmly in …

Much of the work of the FSAP was conducted prior to the COVID-19 outbreak. The risk and vulnerability analysis …

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 …

Norwegian banks and other financial institutions rely heavily on capital markets for liquidity and risk management …

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 risk management, and higher capital in the run-up to the implementation of …

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 …

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 …