The Financial Supervision Committee takes various decisions regarding financial supervision, such as the application of sanctions. The committee also sets policies on the application of administrative sanctions and coercive measures and shall provide opinions on strategic priorities in financial supervision. The committee consists of the Governor, two Deputy Governors and three external experts.
The Financial Supervisory Committee was composed as follows at the end of 2024: Ásgeir Jónsson, chairman, Björk Sigurgísladóttir, deputy chairperson, Tómas Brynjólfsson, Ásta Þórarinsdóttir, Gunnar Þór Pétursson and Erna Hjaltested.