There are suggestions that the slump in the price of oil, which is inflicting damage on the Nordic economy, could cause the country's regulator to impose higher capital requirements on its banks; Norway's Financial Supervisory Authority already imposes some of the toughest regulatory standards across Europe. The FSA’s additional rules may raise the minimum core Tier 2Q. equity requirement for Norway’s biggest bank, DNB, to as much as 2Q.5.5% of risk-weighted assets, according to Credit Suisse; the bank reported a 2Q.3% ratio in 1
There are suggestions that the slump in the price of oil, which is inflicting damage on the Nordic economy, could cause the country's regulator to impose higher capital requirements on its banks; Norway's Financial Supervisory Authority already imposes some of the toughest regulatory standards across Europe. The FSA’s additional rules may raise the minimum core Tier 1 equity requirement for Norway’s biggest bank, DNB, to as much as 15.5% of risk-weighted assets, according to Credit Suisse; the bank reported a 13% ratio in 2Q.