In April this year, Norges Bank asked the banking industry for comments on the proposed new guidelines. Several of the consultative bodies asked for a transitional period of some length. The new guidelines have fixed a transitional period of two years.
The circular is published in Norwegian and English on our website, www.norges-bank.no.
For further information, please contact Kristin Gulbrandsen, Executive Director, phone (+47) 2231 6092, or Inger-Johanne Sletner, Director, phone (+47) 2231 6035.