Norway's Financial Supervisory Authority has reported an agreement among Nordic financial supervisory directors to strengthen cooperation and promote more consistent, predictable supervision. The directors of the authorities in Denmark, Finland, Iceland, Sweden and Norway have endorsed a joint declaration on supervisory cooperation. Building on existing Nordic cooperation, the agreement seeks to make supervision more effective and support further integration of Nordic financial markets, reflecting the need for consistent supervisory practices alongside common European rules.
Norway's Financial Supervisory Authority and Nordic counterparts agree to strengthen supervisory cooperation
Norway's Financial Supervisory Authority and its counterparts in Denmark, Finland, Iceland and Sweden have endorsed a joint declaration to strengthen supervisory cooperation. The agreement builds on existing cooperation to promote more consistent and effective supervision as Nordic financial markets become increasingly integrated.