The Financial Supervisory Authority in Iceland published rules on remuneration policy for financial undertakings on 30 June 2011. The rules apply limits on variable remuneration. According to the rules, the aggregate of variable remuneration including deferred payments, which is granted to an employee per annum, shall not amount to more than 25% of the annual salary of the employee in question, exclusive of variable remuneration.

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 2010.

The report discusses the rebuilding of the Icelandic financial system and the organisation and operation of the Authority, in addition to discussing the prospects of the future.

The Financial Supervisory Authority and the Central Bank of Iceland have concluded a new cooperation agreement that provides for closer and more systematic collaboration than stipulated in a previous agreement. The aim of the agreement is to promote a sound, effective, and safe financial system in Iceland, including payment and settlement systems. The Central Bank of Iceland and the Financial Supervisory Authority are required by law, according to Article 35 of the Act on the Central Bank of Iceland, no. 36/2001, and Article 15 of the Act on Official Supervision of Financial Activities, no. 87/1998, to conclude a cooperation agreement.