Publications

IMF Mission to Iceland completes visit for second review - 12/14/09

The IMF mission to Iceland has completed its visit, in conjunction with the second review under the fund‘s Stand-By Arrangement.   More...
 

First review of Iceland's economic programme with the IMF completed - 10/28/09

At a meeting in Washington DC earlier today the Executive Board of the International Monetary Fund (IMF) completed its first review of the Icelandic government‘s economic programme. More...
 

Financial System Reconstruction - The Task Ahead as Viewed by the Minister of Commerce - 5/5/09

A variety of tasks have been carried out by the administration in connection with the banks’ collapse in October 2008. As a result, the banking system has continued to operate despite the collapse, payment systems have functioned and Icelanders have been able to obtain all general services in bank branches. More...
 

Valuation of the New Icelandic Banks - Important Milestone - 4/28/09

The Icelandic Government is pleased that Deloitte LLP has delivered the valuation of the assets that were moved from the banks that failed to new state owned banks,... More...
 
Gylfi Magnússon, Mark Flanagan and Kjartan Ólafsson at Icelandic - American Chamber of Commerce's conference

Iceland: A good country to do business with - 4/8/09

In an interview on Bloomberg News TV, in New York on April 7, the Minister of Business Affairs, Dr. Gylfi Magnusson, emphasized that that Iceland's financial programme is moving in a positive direction.

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Restructuring of Iceland's savings banks - 3/21/09

Financial Supervisory Authority (FME) intervenes in operations of SPRON and Sparisjódabankinn. Government to support remaining savings banks. More...
 

Statement from the Minister of Business Affairs - 2/10/09

The position of the Government of Iceland regarding deposits of branches of Icelandic banks in EEA countries has not changed since November ... More...
 

The FSA not harmed by resignation - 2/10/09

In relation to a letter from the Chairman of the Board of Governors of the Central Bank of Iceland to the Prime Minister, February 8, 2009, the Ministry of Business wants to clarify the following:

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A new Board of Directors for The Financial Supervisory Authority - 2/9/09

Mr. Gylfi Magnússon, Minister of Business Affairs, has appointed a new Board of Directors for The Financial Supervisional Authority - Iceland. From February 5, 2009, the Board consists of the following: More...