The mission of the Financial Supervisory Authority is to safeguard the integrity and sound operation of the financial market

Statistical Information

The Financial Supervisory Authority's experts compile a variety of reports based on information from regulated entities.

Consumer Affairs

The Financial Supervisory Authority is host to the Insurance Complaints Committee and the Complaints Committee on Transactions with Financial Firms. .

Supervised Entities

Entities engaging in financial activities which are subject to licence are regulated by the Financial Supervisory Authority. Regulated entities include commercial banks, savings banks, credit institutions, securities firms, insurance companies, pension funds etc.

Annual Reports

The Financial Supervisory Authority regularly publishes news of its activities, statistical information and Annual Reports.


All news

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Settlement Agreement regarding a violation of Articles 126 and 127 of Act No. 108/2007 on Securities Transactions - 18.3.2016

On January 12th 2016 the Financial Supervisory Authority of Iceland, hereinafter referred to as the FME, and BankNordik, hereinafter referred to as the party, entered into a Settlement Agreement due to a violation of Article 126 and Article 127 of Act No. 108/2007 on Securities Transactions, hereinafter the Act.

Activation of capital buffers in Iceland - 1.3.2016

The Financial Supervisory Authority, Iceland, has today, pursuant to Articles 84(b), (c) and (d) of Act on Financial Undertakings No. 161/2002, decided that credit institutions and credit undertakings shall hold systemic risk buffer (SRB), a capital buffer on other systemically important institutions (O-SII) and countercyclical capital buffer (CCyB).

FME has published Guidelines on IT Systems of Supervised Entities and Guidelines on Outsourcing by Supervised Entities - 30.11.2015

The Financial Supervisory Authority has published an english translation (unofficial) of two of its guidlinens under Published Material – Legislation, Rules and Guidelines.

These guidelines are: (PDF file) Guidelines on IT Systems of Supervised Entities (2/2014) and (PDF file) Guidelines on outsourcing by supervised entities (6/2014)


Of interest

Alerts

The FME's alerts to investors are posted on the IOSCO website

Acts and Regulations on Financial Services and Insurance

Various Laws and Regulations falling under the auspices of the Ministry of Finance and Economic Affairs translated to English.

Calendar of trading days

A calendar of stock market trading days is available on the Nasdaq OMX website





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