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Norway: Financial Sector Assessment Program - Financial System Stability Assessment

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  • International Monetary Fund

Abstract

This paper discusses key findings and recommendations of the Financial System Stability Assessment for Norway. Norway’s financial system coped well with the global financial crisis and has further increased buffers to deal with potential shocks, but significant financial imbalances have also built up since then. Stress tests suggest that under severe macroeconomic shocks, banks and life insurers could face important but manageable capital shortfalls. The authorities have taken significant measures to improve the oversight framework, but further strengthening is needed. The regulatory and supervisory framework is generally good, but some weaknesses need to be addressed.

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  • International Monetary Fund, 2015. "Norway: Financial Sector Assessment Program - Financial System Stability Assessment," IMF Staff Country Reports 2015/252, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/252
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    References listed on IDEAS

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    4. Segoviano, Miguel A. & Goodhart, Charles, 2009. "Banking stability measures," LSE Research Online Documents on Economics 24416, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. International Monetary Fund, 2015. "Kingdom of Swaziland: Selected Issues," IMF Staff Country Reports 2015/354, International Monetary Fund.

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