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