meta_id 3281888

On June 26, 2026, Norway's Financial Supervisory Authority (Finanstilsynet) amended the Regulation on Capital Requirements and National Adaptation of CRR/CRD (CRR/CRD Regulation). The amendment modifies Section 2, subsection 2, number 85 of the original regulation from August 22, 2014, to incorporate updated European Union (EU) implementing technical standards for supervisory reporting. The amendment updates references to EU Commission Implementing Regulation (EU) 2024/3117 of November 29, 2024, concerning reporting to supervisory authorities and the repeal of implementing technical standards previously established under EU Commission Implementing Regulation (EU) 2021/451. The updated regulation further incorporates amendments made by EU Commission Implementing Regulation (EU) 2025/2475, which aligns Norwegian capital requirements framework with the latest EU standards under the Economic European Area (EEA) Agreement Annex IX, Chapter II, number 14azzt. The amendment affects financial institutions and financial groups subject to Norway's capital requirements regime, as the changes establish updated reporting obligations and supervisory standards. The regulation was adopted under the authority of the Financial Enterprises Act (finansforetaksloven) of April 10, 2015, and implementing delegation decision number 484 of March 29, 2022. The amendment entered into force immediately upon publication on June 29, 2026. Financial institutions should review the updated implementing technical standards and adjust their supervisory reporting procedures accordingly to ensure compliance with the revised requirements.