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


Notification of an on-going capital buffer for other systemically important institutions and an unchanged countercyclical capital buffer - 3.5.2017

On 26 April 2017 the Financial Supervisory Authority of Iceland (FME) has notified, following recommendations from the Financial Stability Council and pursuant to Article 86(c) of Act no. 161/2002 on Financial Undertakings, that a 2% capital buffer for other systemically important institutions (O-SII) shall continue to apply to Arion banki hf., Islandsbanki hf. and Landsbankinn hf. The buffer shall be maintained on an individual and consolidated basis for all risk-weighted exposures.

Decision on raising the Countercyclical capital buffer - 7.11.2016

The Financial Supervisory Authority, Iceland, on the 1st of November, pursuant to Article 86(d) of Act No. 161/2002 on Financial Undertakings decided that a CCyB buffer rate of 1.25 per cent shall apply to credit institutions, credit undertakings and other financial undertakings as of 1 November 2017, on an individual and consolidated basis, unless exempt pursuant to the Act on Financial Undertakings.

The FME Annual Report 2016 is now available in English - 29.7.2016

The Financial Supervisory Authority (FME) Annual Report 2016 is now available in English. The substantial discussion in the Annual Report of the FME for 2016 primarily covers the period from 1 May 2015 until 30 April 2016. The report describes the main tasks of FME and, in particular, tasks of the supervisory divisions: On-site Inspections and Securities, Off-site Supervision, and Oversight. Furthermore, it discusses the situation and developments in the financial market in 2015.

Of interest


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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