Regulatory Alerts2016-12-08
Circular 17/2016: Undertakings' Calculation and Disclosure of Countercyclical Capital Buffer Requirements
The Norwegian Financial Supervisory Authority issued Circular 17/2016 to establish requirements for the calculation and public disclosure of countercyclical capital buffer obligations. The regulation applies to banks, credit institutions, financial holding companies, financing undertakings, securities firms, and management companies for securities funds. It mandates adherence to standardized tables for reporting compliance with these capital buffer requirements.
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