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15.1.2008 : Icelandic FSA director: The Icelandic financial market well equipped to weather the storm

"The foundations of the Icelandic commercial banks are sound and the Icelandic financial market is well equipped to weather the storm that is now shaking the international markets". This was the conclusion the director of the Iceland Financial Supervisory Authority, Mr. Jónas Fr. Jónsson at a meeting organized by Icelandic Investor Relation Association this morning. He furthermore stated that he could to a large extent agree with analysts from Credit Sights recently saying that the CDS spreads for the Icleandic banks did not give an accurate picture of their true standing, and that the risk associated with them has been exaggerated.

14.1.2008 : OMX to service the national OAM in Iceland

OMX, a leading expert in the exchange industry, has signed an agreement with the lcelandic Financial Supervisory Authority on providing them with software for the Officially Appointed Mechanism (OAM) for the central storage of regulated information in Iceland. OMX Nordic Exchange Iceland will service the OAM responding to the objectives of the European Union's Transparency Directive. All regulated information published by issuers of securities , as prescribed by law, will be archived in the central storage, which will go live February 1st 2008.

9.1.2008 : Meeting between the FME and the GFSC

The Guernsey Financial Services Commission (GFSC) visited The Financial Supervisory Authority, Iceland (FME) in Reykjavík 7 and 8 January 2008.





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