02037cas a2200241 a 4500 AALejournalIMF021191 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513553139 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Norway : Financial Sector Assessment Program-Technical Note-Financial Safety Nets. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (36 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Norway has made substantial progress in strengthening its framework for financial crisis management and bank safety nets since the 2015 FSAP. The Norwegian authorities have implemented the EU framework. The Bank Recovery and Resolution Directive (BRRD) has been transposed into the Norwegian legal framework mainly by amendments to the Financial Institutions and Financial Groups Act and accompanying regulations. Finanstilsynet (the Financial Supervisory Authority of Norway, FSA) has been designated as Norway's resolution authority. Resolution financing options were broadened by establishing a resolution fund. While the Deposit Guarantee Scheme Directive (DGSD) has yet to be brought into the European Economic Area (EEA) agreement, Norway has, in fact, already transposed it into the Norwegian law. This provides the Norwegian authorities with a broadened and detailed regulatory framework for dealing with weak banks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/261 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/261/002.2020.issue-261-en.xml IMF e-Library