Central Bank of Iceland completes merger with regulator

The Central Bank of Iceland completed its merger with Iceland’s financial regulator on January 2. The central bank now has responsibility for supervision and macro-prudential policy, as well as its previous monetary policy mandate.

“The merger gives rise to a strong and independent institution whose objective is to enhance trust, transparency and efficiency in the administration of economic affairs and financial supervision in Iceland,” the central bank said in a statement.

The 170 staff at

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