The Norwegian Investor Compensation Scheme is a private body, regulated by Norwegian law, in accordance with Directive 97/9/EC (ICS-directive).

The scheme has its own board of directors, with four members elected by the member firms and one member from the Norwegian FSA.

Client's funds and financial instruments dealt with by a Norwegian investment firm are covered by the guarantee up to NOK 200.000 per client.

Finance Norway

The General Manager of the scheme is Mr. Idar Kreutzer of Finance Norway and the secretariat within the offices of the named association.