Bank employees paid illegal renumerations by estate agents

estate agentOSLO.estate agent.Photo: Jarl Fr. Erichsen / SCANPIX

For years, the bank employee was paid remuneration from agencies for referral of mortgage customers. This is illegal, according to the Financial Supervisory Authority.

Across the country, there has for years been a practice that bank employees have referred mortgage customers to a particular real estate agent and was paid compensation from the broker for the advertising job,  Nord24 writes.
– It’s not allowed bank employees to receive compensation for referring clients to a particular real estate company – even if the broker is in the same group as the bank, a letter from the FSA news that the website has gained access to stresses.
– There has been an arrangement in place where the bank employee, who gave a tip that led to the commission for estate brokers, received a commission of 1.000 kroner,  head bank director of DNB in ​​Tromsø, Jann Ivar Didriksen,says.
This scheme was used in DNB branches all over country, but it was immediately discontinued  when they got the letter from the FSA, Didriksen   emphasizes.
A similar scheme was also in place i Nordea.
– We also used this arrangement. But this was stopped immediately when we got the circular from FSA  ,  senior communications adviser in Nordea Norway, Grete Christine Kruse, says

Source: NTB scanpix / Norway Today

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