Changes in capital requirements (the Banking Package) will not enter into force in Norway in June

Changes in the Capital Requirements Regulation (CRR2), which in the EU will apply from 28 June 2021, will not enter into force in the EEA Agreement at the same time.

Norway is, in cooperation with the other EEA/EFTA States, working to incorporate the Banking Package (CRR2, CRD5, and BRRD2) into the EEA Agreement as quickly as possible.