Glossary entry (derived from question below)
Norwegian term or phrase:
prinsippnotat
English translation:
policy statement
Added to glossary by
brigidm
Jan 6, 2010 16:23
14 yrs ago
Norwegian term
prinsippnotat
Norwegian to English
Bus/Financial
Finance (general)
"Prinsippnotat om risikostyring og internkontroll, jf. forskrift om risikostyring og internkontroll § 3 nr. 4".
Vedtas av styret i et selskap.
Vedtas av styret i et selskap.
Proposed translations
(English)
4 | policy statement | Charles Ek |
3 | statement of principle | lingo_montreal |
2 | memorandum of understanding | Diarmuid Kennan |
Proposed translations
18 hrs
Selected
policy statement
Your source refers to a regulation issued by Kredittilsynet, now named Finanstilsynet (The Financial Supervisory Authority of Norway). The regulation is at the first reference link below. The regulation requires firms to establish principles regarding risk management and internal controls.
The second reference link shows the use of "policy statement" by a British firm in the same context.
The second reference link shows the use of "policy statement" by a British firm in the same context.
4 KudoZ points awarded for this answer.
Comment: "Thanks, Charles. The word "notat" can often be misleading, I find."
9 mins
memorandum of understanding
Just a suggestion.
1 hr
statement of principle
Not entirely sure, though it could fit here if this concerns the company or organization's declaration of their raison d'etre, namely goals, motives/intentions.
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