Home » Iceland: Report on the Observance of Standards and Codes - Fatf Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism by International Monetary Fund
Iceland: Report on the Observance of Standards and Codes - Fatf Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism International Monetary Fund

Iceland: Report on the Observance of Standards and Codes - Fatf Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

International Monetary Fund

Published July 26th 2007
ISBN : 9786613741646
ebook
28 pages
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 About the Book 

1. Icelands late-2008 economic and financial crisis was followed by a period of protracted political fallout. In late January the ruling coalition government collapsed and was replaced by an interim coalition of the Social Democratic Alliance (SDA)More1. Icelands late-2008 economic and financial crisis was followed by a period of protracted political fallout. In late January the ruling coalition government collapsed and was replaced by an interim coalition of the Social Democratic Alliance (SDA) and Left-Green Movement (LGM). The senior management of the Central Bank of Iceland (CBI) was replaced: an interim governor was appointed (followed eventually by a new Governor in August), and a Monetary Policy Committee was set up (with two out of five members external to the CBI). Managers at the Icelandic Financial Supervisory Authority (FME), Prime Ministry and line ministries were also shuffled and in some cases replaced.