Category: Accounting / Financial
Much of the work of the Financial Sector Assessment Program (FSAP) was conducted prior to the COVID-19 pandemic, with the missions ending on February 13, 2020. Given the FSAP’s focus on medium-term challenges and vulnerabilities, however, its findings and recommendations for strengthening policy and institutional frameworks remain pertinent. The report was updated to reflect key […]
Source: IMF
Published: December 8, 2020
Category: Accounting / Financial
At 3:00 in the afternoon on Thursday, November 14, a small group of the world’s most powerful people prepared to board two chartered airplanes in two separate European capitals. They were headed for Philadelphia for a weekend-long event that had been several years in the making for its creator, Nicolai Tangen, the Norwegian founder of […]
Source: Institutional Investor
Published: August 2, 2020
Category: Accounting / Financial
OSLO, Feb 27 (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a 19.9% return on investment last year, earning a record 1.69 trillion Norwegian crowns ($180 billion) as stock markets rallied, it said on Thursday. The $1.1 trillion fund’s return for the year was stronger than that of its benchmark index, it added. […]
Source: CNBC
Category: Accounting / Financial
VAT on E-commerce (VOEC) from 1 April 2020 – Guidelines on how to comply with the Norwegian VOEC scheme for low value import. Read the entire insight piece from KPMG HERE.
Source: KPMG
Category: Accounting / Financial
“We are now moving into the final phase of a period where domestic raw materials and energy sources have provided an essential basis for economic expansion. Hereafter, growth must increasingly rely on the production of finished goods in areas where we do not have a natural advantage.”[1] The same could be said about the challenges […]
Source: Norges Bank