• Eftirlit


The principal provisions concerning the regulatory functions of the Financial Supervisory Authority are laid down in Chapter III of Act No. 87/1998 on the official supervision of financial operations, as subsequently amended. In addition, there are provisions on the supervisory powers of the Financial Supervisory Authority in various acts of law and rules on financial activities.


Supervised entities

Entities engaging in financial activities which are subject to licence are regulated by the Financial Supervisory Authority. Regulated entities include commercial banks, savings banks, credit institutions, securities firms, insurance companies, pension funds, UCITS and UCITS management companies

Consumer Affairs

The Financial Supervisory Authority provides consumers with information and council service as well as an options available to them in order to enforce their rights. Among these are the Insurance Complaints Committee and the Complaints Committee on Transactions with Financial Firms.

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