Act 2002
Lög um fjármálafyrirtæki nr. 161/2002 (Act No. 161/2002 on Financial Undertakings)
Issued by Seðlabanki Íslands (Central Bank of Iceland)
Effective: 1 Jan 2003
Plain-English summary
Governs the licensing and operation of credit institutions: commercial banks, savings banks and lending undertakings. The Financial Supervisory Authority grants licences, and Arts. 2 to 9 cover applications, refusal and revocation.
Who it applies to
Banking
Topics
Prudential & Capital Conduct & Consumer Protection
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