12 Mar 2017The Icelandic government called for a press meeting today at noon to announce that capital controls will be lifted as of Tuesday. New Rules on Foreign Exchange were published on the Central Bank of Iceland website today.
26 Oct 2016International credit rating agency S&P Global Ratings has in the past few days raised the credit rating of all three of Iceland’s major banks.
14 Oct 2016From 1 January next year, the general public in Iceland will no longer be required to produce proof of foreign travel abroad in order to withdraw foreign currency at banks.
25 Aug 2016Even after capital controls on the Iceland króna have been lifted, it is unlikely that it will ever again be a full, free-floating currency, Iceland’s Finance Minister has admitted.
17 Aug 2016PM Sigurður Ingi Jóhannsson and Finance Minister Bjarni Benediktsson announced the new plans at a press conference yesterday afternoon held at the Icelandic Ministry of Finance and Economic Affairs.
8 Aug 2016GAMMA Capital Management Limited, an Icelandic financial firm, has received authorisation to operate and offer financial services in the United Kingdom.
6 Aug 2016Once you finished browsing Iceland Monitor’s wide selection of news, events and features, you might like to have a look at some other Iceland-related material from around the world that we shall be collecting for you weekly.
1 Jun 2016Governor of the Central Bank of Iceland Már Guðmundsson has announced that “the objective is to be able to take decisive steps in lifting capital controls this autumn”.
25 Apr 2016Iceland will not get a better chance to successfully lift capital controls than now, the Head of the Central Bank of Iceland has told Icelandic MPs.
7 Apr 2016“The government will continue working on the same major projects it has been working on – and has achieved great success in,” says new PM Sigurður Ingi Jóhannsson.
1 Apr 2016Despite an initial period of uncertainty, the Icelandic króna is more likely to strengthen rather than weaken after capital controls are lifted, say analysts.
18 Mar 2016An auction of offshore ISK is planned for the first half of this year, after which capital controls can be lifted, Icelandic Finance Minister Bjarni Benediktsson has announced.
16 Mar 2016Head of the Central Bank of Iceland Már Guðmundsson has hinted at a big announcement regarding the lifting of capital controls in Iceland at the Bank’s AGM tomorrow.