The FME Annual Report 2009 is now available in English
The FME Annual Report 2009 is now available in English. The report discusses the fall of the Icelandic commercial banks in October 2008, government measures taken as a result of the bank crisis and the significant changes that occurred in the Icelandic financial market in the wake of the economic collapse. The report also contains detailed sections on the position and outlook in the securities market, the pension and UCITS markets and the insurance market. An account is given of changes in the organisation of the FME and new points of focus in the Authority's operation. Furthermore, the report covers the tightening of financial market regulations, new approaches to financial market supervision, both at home and abroad, increased transparency and new regulatory functions of the FME.
The report can be downloaded here.