Norske Finansielle Referanser AS (NoRe) is established and owned by Finance Norway with the purpose to administer financial benchmarks. NoRe is administrator for the interest rate benchmark Nibor (derived from Norwegian Interbank Offered Rate).
NoRe is authorised by the Norwegian Financial Supervisory Authority, pursuant to Article 34 of the EU Benchmarks Regulation (BMR), and is as such included in the register The European Securities and Markets Authority, ESMA, is publishing in accordance with Article 36 of the BMR.
Norway is not a member of the European Union, but part of the European Economic Area (EEA), governed by the EEA Agreement. The EU Benchmarks Regulation (BMR) is relevant to the EEA and was implemented in Norwegian legislation 6 December 2019. Finanstilsynet has been designated as the relevant Norwegian competent authority responsible for carrying out the duties under BMR.