Kåre Idar Moljord, the lawyer who assisted Terje Rød-Larsen with a property purchase in 2018, has stepped down as the head of the Financial Supervisory Appeals Committee. His resignation is linked to the fallout from the Epstein scandal, which raised concerns about potential reputational damage to the committee. The Norwegian Finance Ministry officially acknowledged his resignation in a statement, emphasizing that it was made to safeguard the committee's societal mission and integrity.

Moljord has been leading the Financial Supervisory Appeals Committee since its inception on April 1, 2025, and his departure comes at a time when the organization is under scrutiny due to external controversies. Rød-Larsen, alongside his wife Mona Juul, purchased a luxurious apartment in Oslo in 2018 for a significantly reduced price, which raised eyebrows and sparked public discussions regarding the propriety of the deal.

The implications of this resignation highlight the ongoing impact of scandals on public figures and their associations, particularly in a country like Norway, where integrity in financial governance is paramount. Given the sensitive nature of the accusations surrounding Epstein and its ripple effects, the committee aims to maintain its credibility and trust in the financial oversight framework.