Seðlabanki Íslands (Central Bank of Iceland)
Who they are
An independent state-owned institution that answers to a minister, with its seat in Reykjavík. Since the 2020 entry into force of Act 92/2019 it has housed the Financial Supervisory Authority (Fjármálaeftirlitið) as a part of the bank.
What they do
Works to promote price stability, financial stability and sound, secure financial activity. Through the Financial Supervisory Authority it licenses and supervises financial undertakings, insurers, securities firms, payment and e-money institutions and crypto-asset providers, supervises AML/CFT compliance for financial obligated entities and decides administrative sanctions via its Financial Supervisory Committee.
Key laws & regulations issued
- Rule Reglur um markaði fyrir sýndareignir nr. 332/2026 (Rules No. 332/2026 on Markets in Crypto-Assets) 2026
- Act Lög um markaði fyrir sýndareignir nr. 101/2025 (Act No. 101/2025 on Markets in Crypto-Assets) 2025
- Act Lög um stafrænan viðnámsþrótt fjármálamarkaðar nr. 78/2025 (Act No. 78/2025 on Digital Operational Resilience of the Financial Market) 2025
- Act Lög um upplýsingagjöf um sjálfbærni á sviði fjármálaþjónustu og flokkunarkerfi fyrir sjálfbærar fjárfestingar nr. 25/2023 (Act No. 25/2023 on Sustainability-Related Disclosures in Financial Services and a Classification System for Sustainable Investments) 2023
- Act Lög um greiðsluþjónustu nr. 114/2021 (Act No. 114/2021 on Payment Services) 2021
- Act Lög um markaði fyrir fjármálagerninga nr. 115/2021 (Act No. 115/2021 on Markets in Financial Instruments) 2021
- Act Lög um Seðlabanka Íslands nr. 92/2019 (Act No. 92/2019 on the Central Bank of Iceland) 2019
- Act Lög um aðgerðir gegn peningaþvætti og fjármögnun hryðjuverka nr. 140/2018 (Act No. 140/2018 on Measures against Money Laundering and Terrorist Financing) 2018
- Act Lög um vátryggingastarfsemi nr. 100/2016 (Act No. 100/2016 on Insurance Activities) 2016
- Act Lög um útgáfu og meðferð rafeyris nr. 17/2013 (Act No. 17/2013 on the Issue and Handling of Electronic Money) 2013
- Act Lög um fjármálafyrirtæki nr. 161/2002 (Act No. 161/2002 on Financial Undertakings) 2002
All Laws & Regulations from Seðlabanki Íslands (Central Bank of Iceland) →
Enforcement by this regulator
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