Iceland’s Althingi parliament voted unanimously (63 votes for, zero against) to endorse the findings of the committee which looked into the so-called black report on the banking crisis. But the four ex-ministers recommended for prosecution by the committee were voted on individually. All MPs were present and voted. Read the full story

The office of Iceland’s Special Prosecutor into the banking crisis, Olafur Th. Hauksson, has brought criminal charges against three men. Read the full story

The Icelandic parliamentary committee looking into the recent bank crisis report has decided to forward specific feedback to the state prosecutor regarding public officials the report describes as incompetent. The move could potentially lead to criminal trials. Read the full story

The former President of Kaupthing Bank, Hreidar Mar Sigurdsson has been arrested in Reykjavik, accused of criminal malpractice. Read the full story

Former Central Bank of Iceland head David Oddson’s previous role as Prime Minister hampered his credibility within the Independence Party/Social Democrat government which succeeded him. According to the Althingi banking report, the Social Democrats often refused to listen to him. Read the full story

Pall Hreinsson, chairman of the parliamentary investigation committee set up to investigate Iceland’s banking crisis, says he and his colleagues are very frustrated that their anticipated report has had to be delayed for a second time. Read the full story

Icelandic assets in the tax havens of Tortola, Cyprus, Isle of Man, Jersey, Guernsey and the Cayman Islands increased by 40 percent last year while total Icelandic assets abroad took a significant tumble. Read the full story

It has emerged that the son of Iceland’s Attorney General is one of two CEOs at Exista, which was one of the major stakeholders in Kaupthing Bank. And all cases sent from Iceland’s special banking collapse investigation committee for prosecution have to go through the Attorney General. Read the full story

Forced police searches took place at ten locations yesterday and last Tuesday in relation to the special prosecutor’s investigation into the Icelandic banking collapse last year. Read the full story

The Icelandic government this week decided to increase the number of staff working on the investigating committee into the banking crisis, Frettabladid reports.

Those working for the chief investigator Olafur Thor Hauksson will increase to 20 from the current nine. Read the full story