Finanstilsynet is Norway's Financial Supervisory Authority, responsible for the supervision of banks, insurance companies, pension funds, investment firms, securities markets, and financial infrastructure. Although Norway is not an EU member state, it participates in the European Economic Area and applies EU financial regulations including MiFID II.
About Finanstilsynet Norway
Finanstilsynet (the Financial Supervisory Authority of Norway) is a government agency responsible for the supervision of financial institutions and financial markets in Norway. Established in 1986 through the merger of the Banking Inspectorate and the Insurance Council, Finanstilsynet supervises banks, finance companies, insurance companies, pension funds, investment firms, and securities exchanges. As an EEA member, Norway applies EU financial regulations including MiFID II, ensuring harmonised standards with the broader European market.
- Norwegian Investor Guarantee Scheme — up to NOK 200,000
- EEA/MiFID II compliance with European passporting
- Strict capital adequacy and solvency supervision
- Consumer protection and market conduct oversight
| Instrument | Retail | Professional |
|---|---|---|
| Major Forex | 1:30 | 1:500 |
| Minor Forex | 1:20 | 1:400 |
| Gold | 1:20 | 1:400 |
| Indices | 1:20 | 1:400 |
| Shares CFDs | 1:5 | 1:200 |
Passporting Regions
Norway is not an EU member but participates in the EEA, applying MiFID II financial regulations.
Related Regulators
FCA
AAATier 1Financial Conduct Authority
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FINMA
AAATier 1Swiss Financial Market Supervisory Authority
The Swiss Financial Market Supervisory Authority is Switzerland's independent financial markets regulator. Established in 2009 by merging three predecessor agencies, FINMA oversees banks, insurance companies, stock exchanges, securities dealers, and collective investment schemes. FINMA is widely recognised as the most respected regulatory body in continental Europe, and its requirement that forex brokers register as banks places it among the strictest regulators globally.
CySEC
AATier 2Cyprus Securities and Exchange Commission
The Cyprus Securities and Exchange Commission is the independent public supervisory authority responsible for the supervision of the investment services market and transactions in transferable securities in the Republic of Cyprus. As an EU member state regulator, CySEC-authorised firms benefit from MiFID II passporting rights, enabling them to offer services across the entire European Economic Area.
BaFin
AATier 2Federal Financial Supervisory Authority
The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) is Germany's integrated financial regulatory authority. Established in 2002 through the merger of three predecessor agencies, BaFin supervises over 2,700 banks, 800 financial services institutions, and 700 insurance companies, making it one of Europe's most significant financial supervisors.
MFSA
ATier 2Malta Financial Services Authority
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AMF
AATier 2Autorité des Marchés Financiers
The Autorité des Marchés Financiers is France's financial markets regulator, established in 2003. Together with the ACPR (Autorité de Contrôle Prudentiel et de Résolution), the AMF forms the dual regulatory system overseeing the French financial services sector. The AMF is particularly noted for its proactive stance in maintaining and publishing blacklists of unauthorised firms.