Norwegian FSA proposes kickback ban

A proposal to ban kickbacks has been sent to a hearing at the Ministry of Finance.
Photo: Håkon Mosvold Larsen / NTB
Photo: Håkon Mosvold Larsen / NTB
by martin fuglseth kolden, translated by catherine brett

In 2018, the Norwegian FSA, Finanstilsynet, changed the rules surrounding kickbacks to make it cheaper for the end investor.

Recently, the authority conducted a study which found that the rule changes had had the desired effect, but that distributors of savings products now had a smaller margin.

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