Financial Supervisory Authority of Norway | |
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Finanstilsynet | |
Agency overview | |
Formed | 1986 |
Jurisdiction | Norway |
Headquarters | 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 |
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]