6. Financial Services and Markets
For rules set by the Financial Supervisory Authority, see website.
A. Credit Institutions
Act on Financial Undertakings, no 161/2002.
Regulation No 34/2002 on the maximum of loans and guarantees of credit institutions and undertakings engaged in securities services.
Regulation on a Branch and a representative office of a credit institution established in a country outside the European Economic Area, No 307/1994.
Regulation on a Branch and a representative office of a credit institution established in a country within the European Economic Area, No 308/1994.
Regluation No 244/2004 authorising financial institutions and subsidaries of cretit institutions established in another state of the European Economic Area to pursue financial activities in Iceland.
Act on Deposit Guarantees and Investor-Compensation Scheme, No. 98/1999
Act No.139/2002 amending Act on Deposit Guarantees and Investor-Compensation No 98/1999.
Regulation on Deposit Guarantees and Investor-Compensation Scheme, No 120/2000
Act on the Establishment of Limited Liability Companies to operate Landsbanki Íslands and Búnaðarbanki Íslands, No 50/1997
Act on the Establishment of the Icelandic Investment Bank Ltd., No 60/1997
Act on the New Business Venture Fond, No 61/1997.
Act No 143/2002 for the amendment of Act No 61 of 26 May, 1997, on the New Business Venture Fund, as subsequently amended .
Act on Securities Transactions, No 33/2003.
Act on Undertakings for Collective Investment in Transferable Securities, UCITS, No. 30/2003
Act on Activities of Stock Exchanges and Regulated OTC markets, No 34/1998.
Regulation nr. 433/1999 on the disclosure requirements of issuers, stock exchange members and owners of shares listed on a stock exchange.
Act on Electronic Registration of Title to Securities, No 131/1997.
Regulation nr. 397/2000 on electronic registration of securities in a central securities depository.
C. Financial Supervision.
Law on official supervision of financial operations, No 87/1998
Act on the Payment of Costs for Public Supervision of Financial Activities, No. 99/1999.
D. Interest and Price Indexation
Act No 38/2001 on interest and price indexation