Finanstilsynet to NRK: Will investigate the Ski World Championships

Both those who sold goods in Granåsen and those who sold food in the city center were told to use the World Cup company’s own payment terminals during the Ski World Cup.

Several of those who used VM’s own payment solution have still not received their money, and now Finanstilsynet is investigating whether the VM company should have applied for a license to operate as a financial service.

– What is a current issue for Finanstilsynet is whether any business has been conducted that requires a license from us.

What is a current issue for Finanstilsynet is whether any business has been conducted that requires a license from us.What is a current issue for Finanstilsynet is whether any business has been conducted that requires a license from us.What is a current issue for Finanstilsynet is whether any business has been conducted that requires a license from us.

This is what section manager Jo Gjedrem tells NRK.

This is what section manager Jo Gjedrem tells NRK.This is what section manager Jo Gjedrem tells NRK.It says

The Norwegian Financial Supervisory Authority administers the regulations for approvals and licensing requirements in all parts of the financial sector.

Finanstilsynet manages the regulations for approvals and licensing requirements in all parts of the financial sector.Finanstilsynet manages the regulations for approvals and licensing requirements in all parts of the financial sector.

Anyone who wishes to start a business in Norway within the areas of responsibility of Finanstilsynet must apply for a permit.

Anyone who wishes to start a business in Norway within the areas of responsibility of the Norwegian Financial Supervisory Authority must apply for a permit.Anyone who wishes to start a business in Norway within the areas of responsibility of the Norwegian Financial Supervisory Authority must apply for a permit.

These are enterprises that require a license:

    banks finance companies mortgage companies savings banks and financial foundations debt information companies payment companies e-money companies information agents insurance companies insurance intermediaries pension companies regulated markets (incl. stock exchanges) central counterparties central securities depositories securities companies management companies for securities funds managers of alternative investment funds auditors and auditing companies accountants and accounting companies real estate agents and real estate agencies debt collection companies

– Depending on which solution

– If the payment flow from the customers first went to the VM company’s account, and then on to the sellers, this could, depending on the solution chosen, be considered a payment service subject to licensing. Finanstilsynet will therefore investigate the matter further, says Gjedrem.

If the payment flow from the customers first went to the VM company’s account, and then on to the sellers, this could, depending on the solution chosen, be considered a payment service subject to licensing. Finanstilsynet will therefore investigate the matter further, says Gjedrem.If the payment flow from the customers first went to the VM company’s account, and then on to the sellers, this could, depending on the solution chosen, be considered a payment service subject to licensing. Finanstilsynet will therefore investigate the matter further, says Gjedrem.If the payment flow from the customers first went to the VM company’s account, and then on to the sellers, this could, depending on the solution chosen, be considered a payment service subject to licensing. Finanstilsynet will therefore investigate the matter further, as

He says that they are aware of the questions that have been raised in the case via the media.

familiar with the issues raised in the case via the media.familiar with the issues raised in the case via the media.

– We are therefore investigating the matter, and therefore cannot comment further, says Gjedrem.

We are therefore investigating the matter, and therefore cannot comment further on it, says Gjedrem.We are therefore investigating the matter, and therefore cannot comment further on it, says Gjedrem.

The World Cup company’s lawyer, Marius Gisvold, does not wish to comment on the fact that the company is now being investigated by the Norwegian Financial Supervisory Authority.

The CEO of the World Cup company, Åge Skinstad, has not yet responded to NRK’s inquiries.

The general manager of the World Cup company, Åge Skinstad, has not yet responded to NRK’s inquiries.The general manager of the World Cup company, Åge Skinstad, has not yet responded to NRK’s inquiries.The general manager of the World Cup company, Åge Skinstad, has not yet responded to NRK’s inquiries.

The finances of the Ski World Championships are now being scrutinized from several quarters.

The finances of the Ski World Championships are now being scrutinized from several quarters.The finances of the Ski World Championships are now being scrutinized from several quarters.The finances of the Ski World Championships are now being scrutinized from several quarters.

They planned to make a profit of 20 million, but according to what several media outlets are reporting, there is now a possibility of a deficit of several tens of millions.

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– Major consequences

One of the businesses that has not been paid for the goods they sold during the Ski World Championships is Galåvolden Gård in Røros.

Galåvolden Farm in Røros.Galåvolden Farm in Røros.Galåvolden Farm in Røros.

They have previously stated to Nationen that they believe the Ski World Cup has operated as a bank by using its own terminals where the money has gone to the organizer.

– Then they should have a license to operate banking and payment services, which I doubt they have. If the agreement states that the producers sell on their own account, we are close to fraud, said general manager Rune Krogh to Nationen.

CEO Rune Krogh to the NationenCEO Rune Krogh to the NationenCEO Rune Krogh to the Nationen

They have previously considered reporting the Ski World Championships.

They have previously considered reporting the Ski World Championships.They have previously considered reporting the Ski World Championships.They have previously considered reporting the Ski World Championships.

– We considered reporting the Ski World Championships to the police for not receiving our money, but are now waiting to see if we get the settlement. I cannot lose hope. If we don’t receive this money, it will have such major consequences for us, Krogh tells NRK.

“I can’t lose faith. If we don’t get this money, it will have such big consequences for us,” Krogh tells NRK.”I can’t lose faith. If we don’t get this money, it will have such big consequences for us,” Krogh tells NRK.”I can’t lose faith. If we don’t get this money, it will have such big consequences for us,” Krogh tells NRK.

Everyone who sold food both in Granåsen and down in the food street in the city center used the same payment solution during the World Cup.

– Small margins

The local food producer sold heart waffles on a stick in Litjåsen during the Ski World Championships. They also supplied waffle batter to volunteers. They have been paid for this bill of around 300,000 kroner.

The local food producer sold heart waffles on a stick in Litjåsen during the Ski World Championships. They also supplied waffle batter to volunteers. They have been paid for this bill of around 300,000 kroner.The local food producer sold heart waffles on a stick in Litjåsen during the Ski World Championships. They also supplied waffle batter to volunteers. They have been paid for this bill of around 300,000 kroner.The local food producer sold heart waffles on a stick in Litjåsen during the Ski World Championships. They also supplied waffle batter to volunteers. They have been paid for this bill of around 300,000 kroner.

On Tuesday, they submitted their claim for 529,000 kroner for the sales they had after using VM’s payment terminals.

On Tuesday, they submitted their claim for 529,000 kroner for the sales they had after using VM’s payment terminals.On Tuesday, they submitted their claim for 529,000 kroner for the sales they had after using VM’s payment terminals.On Tuesday, they submitted their claim for 529,000 kroner for the sales they had after using VM’s payment terminals.

Galåvolden farm had a turnover of 18 million last year. Although they have experienced growth, they have ended up in the red for the last three years.

Galåvolden farm had a turnover of 18 million last year. Although they have experienced growth, they have ended up in the red for the last three years.Galåvolden farm had a turnover of 18 million last year. Although they have experienced growth, they have ended up in the red for the last three years.Galåvolden farm had a turnover of 18 million last year. Although they have experienced growth, they have ended up in the red for the last three years.

– We operate in an industry with small margins, and have a tight liquidity as it is. Half a million is a lot of money for us, so I can’t lose hope at this point, says Krogh.

We operate in an industry with small margins, and have tight liquidity as it is. Half a million is a lot of money for us, so I can’t lose hope at this point, says Krogh.We operate in an industry with small margins, and have tight liquidity as it is. Half a million is a lot of money for us, so I can’t lose hope at this point, says Krogh.We operate in an industry with small margins, and have tight liquidity as it is. Half a million is a lot of money for us, so I can’t lose hope at this point, says Krogh.

The Norwegian Labour Inspection Authority is also investigating

The fact that the Norwegian Financial Supervisory Authority is now opening a case against the Ski World Championships is not the first time the championship has been in supervisory trouble.

The fact that the Norwegian Financial Supervisory Authority is now opening a case against the Ski World Championships is not the first time the championship has been in supervisory trouble.The fact that the Norwegian Financial Supervisory Authority is now opening a case against the Ski World Championships is not the first time the championship has been in supervisory trouble.

In connection with the dismantling of some of the stands, the Norwegian Labour Inspection Authority, together with the Norwegian Tax Administration and NAV, came for an unannounced inspection at the end of March.

In connection with the dismantling of some of the stands, the Norwegian Labour Inspection Authority, together with the Tax Administration and NAV, came for an unannounced inspection at the end of March.In connection with the dismantling of some of the stands, the Norwegian Labour Inspection Authority, together with the Tax Administration and NAV, came for an unannounced inspection at the end of March.

Just two weeks after the inspection, the Norwegian Labour Inspection Authority sent a request for more information.

Barely two weeks after the inspection, the Norwegian Labour Inspection Authority sent a request for more information.Barely two weeks after the inspection, the Norwegian Labour Inspection Authority sent a request for more information.

The workers in Granåsen have not been able to provide HSE cards and the Norwegian Labour Inspection Authority is asking for two things:

The workers in Granåsen have not been able to provide HSE cards and the Norwegian Labour Inspection Authority is asking for two things:The workers in Granåsen have not been able to provide HSE cards and the Norwegian Labour Inspection Authority is asking for two things:

    Copy of letter concluding that there was no requirement for an HSE card on your project. Feedback explaining what was used as the basis for your conclusion.

Copy of letter concluding that their project did not require an HSE card.Copy of letter concluding that their project did not require an HSE card.Copy of letter concluding that their project did not require an HSE card.Feedback explaining what was used as the basis for their conclusion.Feedback explaining what was used as the basis for their conclusion.Feedback explaining what was used as the basis for their conclusion.

Audience and large crowds during the 50 km free technique for men during the World Ski Championships in Trondheim.

The Ski World Championships sent a statement. In it, World Championships manager Åge Skinstad explains that there was no requirement for an HSE card at the arena because you wanted the least possible “downtime” at the facility and that they believed it could not be considered a construction site.

The Ski World Championships sent a statement. In it, World Championships manager Åge Skinstad explains that there was no requirement for an HSE card at the arena because you wanted the least possible “downtime” at the facility and that they believed it could not be considered a construction site.The World Ski Championships sent a statement. In it, World Cup manager Åge Skinstad explains that there was no requirement for an HSE card at the arena because you wanted the least possible “downtime” at the facility and that they believed it could not be considered a construction site.

Therefore, HSE cards should not be necessary.

This means that HSE cards would not be necessary.This means that HSE cards would not be necessary.

– There are no clear rules for events. That’s the issue there. I will continue the dialogue with them. It’s a good dialogue, Åge Skinstad told NRK on May 29.

– There are no clear rules for events. That’s the thing. I will continue the dialogue with them. It’s a good dialogue, Åge Skinstad told NRK on May 29.– There are no clear rules for events. That’s the thing. I will continue the dialogue with them. It’s a good dialogue, Åge Skinstad told NRK on May 29.

When NRK was in contact with the Norwegian Labour Inspection Authority last week, they confirmed that the case was still not closed.

When NRK was in contact with the Norwegian Labour Inspection Authority last week, they confirmed that the case had still not been concluded.When NRK was in contact with the Norwegian Labour Inspection Authority last week, they confirmed that the case had still not been concluded.

The Norwegian Labour Inspection Authority confirms that the Ski World Championship risks a fine. The fine is not many thousands for a first-time violation of the HSE card requirement.

The Norwegian Labour Inspection Authority confirms that the Ski World Championships risk a fine. The fine is not many thousands for a first-time violation of the HSE card requirement.The Norwegian Labour Inspection Authority confirms that the Ski World Championships risk a fine. The fine is not many thousands for a first-time violation of the HSE card requirement.