Katarina Dimitrijevic – Brocon

New Debt Collection Act adopted – modernizing the framework after nearly 40 years

Katarina Dimitrijevic — Mon, 01 Jun 2026 08:40:02 +0000

The Norwegian Parliament has adopted a new Debt Collection Act to replace the current framework from 1988. The law represents a comprehensive modernization of the debt collection industry and marks the end of several years of legislative work.

The new law provides a comprehensive framework for the collection of overdue monetary claims. A key objective is to ensure that debt collection is carried out responsibly. The law aims to balance the interests of creditors and debtors.

The law aims to create greater predictability in a rapidly evolving industry.

It also aims to improve the quality of debt collection. Together with upcoming regulations, the law will guide the industry going forward.

New ROS analysis – Increased cyber risk in the financial sector

Katarina Dimitrijevic — Fri, 29 May 2026 08:40:01 +0000

The Financial Supervisory Authority has published its 2026 Risk and Vulnerability Analysis (ROS). The analysis highlights high and increasing risk related to ICT.

Complex IT systems and increased digitalization make organizations more vulnerable. Geopolitical instability and technological development are shaping the risk landscape.

For financial institutions, this means stricter requirements for governance and control.

This must be seen in connection with DORA regulations. What does this mean for businesses – and how can we help?

Companies should assess whether current systems are sufficient. The ROS analysis clearly signals increased focus on cyber risk.

New debt collection statistics: Continued high payment default levels

Katarina Dimitrijevic — Fri, 22 May 2026 08:40:00 +0000

The Financial Supervisory Authority has published debt collection statistics for 2025. The volume of debt collection cases remains high.

Approximately 11.7 million new cases were registered in 2025.
Over 6.7 million cases were still ongoing at year-end.
Total outstanding claims amounted to around NOK 133 billion.

This reflects a persistently high level of defaults. Creditors need effective collection processes.

What does this mean for you, and how can we help?

A structured and holistic approach is crucial to reduce losses.