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Norway·Revisorforeningen

Consultation proposes IFRS 18 changes for banks and insurers

The proposals concern annual-accounts regulations and deposit-guarantee disclosures; responses are due on 6 November 2026.

By Taxxa AI Oy · Published 12 August 2026

Accounting & Reporting

Finanstilsynet is consulting on changes to annual-accounts regulations for banks and insurers in preparation for IFRS 18. Revisorforeningen’s consultation notice says the proposed changes would take effect on 1 January 2027. The consultation deadline is 6 November 2026; the notice does not establish that the proposals have been adopted.Revisorforeningen

The notice distinguishes listed groups’ consolidated accounts, which follow IFRS in full, from banks’ and insurers’ individual-company accounts under IFRS-adapted Norwegian regulations. The proposed regulatory amendments respond to IFRS 18, which applies from 2027 with earlier application permitted.Revisorforeningen

The consultation also proposes note disclosures about deposits covered by the deposit-guarantee scheme. Reporting teams should assess the proposals against their financial-statement presentation and note disclosures, and provide comments before the deadline. The practical focus is preparation for a proposed regulatory change, rather than treating the consultation as a final rule.Revisorforeningen

Review the proposed IFRS 18 adaptations and deposit-guarantee disclosures before the 6 November consultation deadline.

Sources

  1. Høring - IFRS 18 og endringer i årsregnskapsforskrifter for bank, forsikring mv.

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