Financial Supervisory Authority of Norway

Financial Supervisory Authority of Norway
Financial Supervisory Authority of Norway
Finanstilsynet
Agency overview
Formed 1986
Jurisdiction Norway
Headquarters Norway Oslo, Norway
Agency executive Bjørn Skogstad Aamo, Director
Parent agency Norwegian Ministry of Finance
Website
http://www.finanstilsynet.no

The Financial Supervisory Authority of Norway (Norwegian: Finanstilsynet) is a Norwegian government agency responsible for supervision of financial companies within Norway based on law and regulations from Storting, the Norwegian Ministry of Finance and international accounting standards. The agency is located in Oslo and subordinate the Ministry of Finance.

Contents

History

It was established in 1986 through a merger [1] of Bank Inspection agency, Broker Control agency and Insurance Council.

Primary companies supervised by the authority are banks, insurance companies, credit companies, financing companies, pension funds, security companies, stock exchanges, security registries, real estate agencies, debt collection agencies, accountants and auditors.

It was formerly named Kredittilsynet (lit. the Credit Supervisory Authority), but changed its name to Finanstilsynet in December 2009.[1]

See also

References

  1. ^ a b Henriksen, Petter, ed (2007). "Kredittilsynet" (in Norwegian). Store norske leksikon. Oslo: Kunnskapsforlaget. http://www.snl.no/Kredittilsynet. Retrieved 24 December 2009. 

External links



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