One of the tasks of the Central Bank of Iceland is to grant businesses – and, in some instances, individuals – licences to operate in the financial market. In some cases an operating licence is required in accordance with the laws which apply to the operations in question. In other cases, the activity requires registration.
Applications for operating licences and laws governing the activities
Overview of entities that can apply for operating licences and laws governing them.
Registration applications and laws governing the activity
Overview of entities that carry out activities that require registration applications and laws governing the activity.
Qualifying holding
The Central Bank assesses whether the parties are qualified to hold a qualifying holding and various factors are examined.
Costs due to operating licences of regulated entities
A fixed fee shall be paid for the processing of applications for operating licences from regulated entities.