meta_id 3144530

On May 8, 2026, Norway's Financial Supervisory Authority (Finanstilsynet) amended the regulation on capital requirements and implementation of the Capital Requirements Regulation and Capital Requirements Directive (CRR/CRD) framework. The amendment, designated FOR-2026-05-08-770, was published on May 11, 2026, and entered into force immediately upon publication. The amendment updates the CRR/CRD regulation (FOR-2014-08-22-1097) to incorporate six new European Union regulations into Norway's regulatory framework through the European Economic Area (EEA) Agreement Annex IX. These include Commission Implementing Regulation (EU) 2025/2338 on technical implementing standards for supervisory authorisation procedures; Delegated Commission Regulation (EU) 2025/791 on technical regulatory standards for supervisory college operations; Commission Implementing Regulation (EU) 2025/790 on technical implementing standards for supervisory college procedures; Delegated Commission Regulation (EU) 2025/789 on technical regulatory standards for identifying exceptional circumstances; Delegated Commission Regulation (EU) 2025/1265 on technical regulatory standards for identifying a position's main risk drivers; and Delegated Commission Regulation (EU) 2025/1311 on technical regulatory standards for assessing materiality of changes to internal models. The amendment affects financial institutions and financial groups subject to Norway's capital requirements framework. The regulation was adopted under the authority of the Financial Undertakings Act (finansforetaksloven) and the delegation decision of March 29, 2022, nr. 484. The amendment came into force immediately upon publication, with no transitional period provided.