Norway : Financial Sector Assessment Program-Technical Note- Macroprudential Policy

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

September 17, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Technical Note reviews macroprudential policy in Norway. The authorities have taken or announced a wide range of macroprudential measures to address systemic risk. Since the 2008 global financial crisis, the authorities have deployed a range of measures to safeguard the financial system in the country. These measures include higher capital requirements, including early adoption and implementation of the European Union capital regulations, additional capital buffers, etc. These macroprudential measures have focused primarily on building the resilience of banks through higher capital requirements. Good progress has been made on reciprocity agreements to ensure that domestic macroprudential policy measures apply to all banking activities with Norwegian customers.

Series:

Country Report No. 15/257

Subject:

English

Publication Date:

September 17, 2015

ISBN/ISSN:

9781513531014/1934-7685

Stock No:

1NOREA2015008

Format:

Paper

Pages:

53

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