The office of Iceland’s Special Prosecutor into the banking crisis will receive and extra ISK 470 million (USD 3.5 million) this year and ISK 960 million investment next year and the year after. Read the full story

Eva Joly, adviser to Iceland’s Special Prosecutor for the banking crisis, believes the investigation can be completed within four years, if the office is provided with 80 staff members. With a smaller team, the investigation will take longer, she told RUV. Read the full story

Further arrests of former Kaupthing bosses by Iceland’s Special Prosecutor into the banking collapse are considered likely in the near future. Read the full story

Olafur Thor Hauksson, Iceland’s Special Prosecutor looking into the banking crisis, believes his team will complete its first investigations before the end of the month. Read the full story

The long-awaited report by the Icelandic parliament’s financial investigation committee is currently being printed. Read the full story

Iceland’s parliamentary banking collapse investigators have decided to allow those accused of wrongdoing more time to respond. 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

The Icelandic government has submitted a bill to parliament which would allow the assets of people under investigation by the State Tax Investigation office to be frozen.

The bill’s explanatory statement says the aim is to prevent people avoiding their tax obligations by moving funds or assets from their own names to other people. 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

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