Norway: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, and Payment Systems
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Summary:
This paper presents key findings of Norway’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Banking Supervision, Insurance Regulation, and Payment Systems. Norway’s financial system appears sound and well managed. Short-term vulnerabilities appear low overall, given improved macroeconomic conditions and historically low interest rates, coupled with generally prudent and transparent policies. Beyond the short term, however, rising household debt levels are the most important potential risk factor and will need to be watched closely.
Series:
Country Report No. 2005/200
Subject:
Banking Financial crises Financial institutions Financial regulation and supervision Financial sector policy and analysis Financial sector stability Insurance Insurance companies Market risk
English
Publication Date:
June 14, 2005
ISBN/ISSN:
9781451829785/1934-7685
Stock No:
1NOREA2005003
Pages:
48
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