Iceland to lift capital controls
Iceland looks set to end its capital controls following a parliament vote in favour of tightening financial regulations. The Icelandic government has ...
Iceland’s central bank likely to increase interest rates
Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...
Iceland looks to future with AIIB membership
Iceland can look forward to future opportunities after announcing that it is to be a founding member of the Asian Infrastructure Investment Bank (AIIB...
Kaupthing bankers jailed for fraud in Iceland
Iceland’s Supreme Court has rejected appeals by four Kaupthing executives and upheld their prison sentences for their part in the country’s 2008 finan...
Agreement for issuing prepaid cards using multi-currency eWallet technology signed by Valitor and Caxton FX
An agreement has been signed between Valitor, the Iceland-based issuing and acquiring services provider, and Caxton FX for the issuing of prepaid card...
Iceland economy forecast to expand by 2.7% in 2014
Iceland’s economy has been forecast to grow by 2.7 per cent this year, according to the most recent prediction by Statistics Iceland.
OSP takes Board of Directors of SPRON to court for breach of trust
The Office of the Special Prosecutor in Iceland (OSP) took the Board of Directors of SPRON, Iceland´s largest Savings Bank before the bank Collapse in...
Questions raised about CEO of Icepharma in light of charges from the Office of the Special Prosecutor
Questions have been raised about whether the CEO of Icepharma, Margret Gudmundsdottir, should remain as the Chairman of the Board of N1, Iceland’s big...