Tilsynskrav

Tilsynskrav are regulatory conditions that authorities impose on organizations to subject them to ongoing supervision and oversight. They arise from licensing regimes, sector-specific laws, and general compliance frameworks, and they are intended to ensure safety, integrity, consumer protection, financial stability, and environmental and public welfare. The precise content of tilsynskrav varies by country and by sector, but they generally establish what an organization must do to operate legally and how it must demonstrate ongoing compliance.

Common elements of tilsynskrav include licensing or authorization requirements, regular reporting and disclosure obligations, and participation in supervisory reviews or audits. They often mandate implementation of robust governance and internal control systems, risk management, and a dedicated compliance function. Many tilsynskrav address data protection, information security, anti-money laundering measures, and incident or breach notification. Outsourcing controls, business continuity planning, and contingency arrangements may also be required. In some sectors, specific technical or operational standards are prescribed.

Enforcement mechanisms accompany tilsynskrav. Supervisory authorities may conduct on-site inspections, request documentation, or require remedial actions. Non-compliance can lead to sanctions such as fines, restrictions on activities, orders to suspend or revoke licenses, or mandated action plans. The enforcement approach can be prescriptive or outcomes-based and often includes timelines for remediation.

Tilsynskrav are typically aligned with national laws and, where applicable, international or EU standards. They reflect a risk-based supervisory approach and are tailored to sectoral risks, with smaller entities generally facing proportionate requirements compared with larger, systemically important ones.