The Financial Supervisory Authority has decided that financial instruments on settlement in respect of the disposal of assets and liabilities of the old banks to the new banks shall be issued by the parties no later than 14 August 2009.
The Financial Supervisory Authority of Iceland (FME) has published tables containing the annual accounts of insurance companies with a licence in Iceland and the result of insurance classes in 2008.
With reference to Art. 100a of Act No. 161/2002 on Financial Undertakings, as amended by Act No. 44/2009, the FME appoints a three-member interim board, which shall solely wield the authority that according to the law and the articles of association of the savings bank, would otherwise be wielded by the board and meeting of owners of initial capital