Exclusionary Powers over Sovereign Fund Migrates from MoF to Norges Bank
Posted on 12/19/2014
The Norwegian Parliament, Stortinget, proclaimed that on January 1, 2015, Norges Bank, the central bank of Norway, will be the decision-making authority in matters concerning observation and exclusion of companies from the sovereign wealth fund. This power is being migrated from Norway’s Ministry of Finance. Thus, the Council of Ethics will advise Norges Bank. However, […]
