The Council on Ethics for the Norwegian Government Pension Fund Global, an independent body that makes recommendations to Norges Bank, issued its 2022 annual report detailing its observations on financial crime risks.
The Financial Action Task Force issued a follow-up report concerning steps taken by Norway to address outstanding anti-money laundering and counterterrorist financing technical deficiencies.
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The Financial Supervisory Authority of Norway, or Finanstilsynet, imposed an administrative fine of NOK 400 million against the Oslo, Norway-based financial institution for anti-money laundering and counterterrorist financing failures.
|Compliant : 19||High : 0|
|Largely Compliant : 18||Substantial : 5|
|Partially Compliant : 3||Moderate : 6|
|Non-Compliant : 0||Low : 0|
Norway's technical compliance was re-rated in a Feb. 20, 2023 follow-up report.
|Rank : 5/110|
|Score : 3.35/10|
|Rank : 7/179|
|Score : 84/100|
|Rank : 71/133|
|Score : 44/100|