Supervisory Disclosure
The FME has published information concerning the laws and regulations adopted in Iceland in the field of prudential regulation and supervision in accordance with the Committee of European Banking Supervisors (CEBS) guidelines on supervisory disclosure. In addition, the FME discloses information about the exercise of options and national discretions provided for in the Capital Requirements Directive (CRD).
The integration of financial markets in Europe requires consistent implementation and convergence of supervisory practices across the European Economic Area. The importance of supervisory transparency has been stressed by the CRD. The CRD requires supervisory authorities to make disclosures that allow meaningful comparisons of supervisory rules and practices across Europe.
The FME´s supervisory disclosure can be found here.
The tables of information in this section are implemented in a similar manner on the homepages of all the competent authorities of the EEA member states and on the CEBS website.
For further information please contact Christoph Kuhn, christoph@fme.is