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20. May 2026Ministry of Finance and Economic Affairs, Operations and state assets

Regulations for the public procurement complaints commission

Regulations for the public procurement complaints commission Ministry of Finance and Economic Affairs Translated from the Icelandic. In the event of any discrepancies between the translation and the text in Icelandic, the original text shall take precedence. Article 1 Name and domicile The Public Procurement Complaints Commission operates on the basis of Chapter XI

10. Mar 2026Ministry of Finance and Economic Affairs, Operations and state assets

Advisory committee on Anti-Dumping and Countervailing Duties

Advisory committee on Anti-Dumping and Countervailing Duties Ministry of Finance and Economic Affairs The Minister of Finance and Economic Affairs has appointed an Advisory committee, pursuant to Article 133(5) of the Customs Code No 88/2005, to consider the application brought by PCC BakkiSilicon hf. concerning the importation of silicon metal and make a recommendation to the minister for the imposition of anti-dumping and countervailing duties. The Advisory committee has received the application brought by PCC BakkiSilicon hf

09. Mar 2026Ministry of Finance and Economic Affairs, Operations and state assets

Operations and state assets

Operations and state assets Ministry of Finance and Economic Affairs State operations are extensive in scope and functions involved in the state's financial and operational infrastructure include accounting for public agencies, dissemination of information on state finances, effective payment mediation, public procurement and human resources. Efforts are directed at continuous improvement of state operations, with the objective to organise state activities in a way that enables their adaptation to changing social circumstances and encourages effective administration, more efficient use of resources and better performance. The many and varied state assets include buildings and other structures, agricultural land, deserted farms, lots and other property

16. Feb 2026Ministry of Finance and Economic Affairs, Operations and state assets

The public procurement complaints commission

The public procurement complaints commission Ministry of Finance and Economic Affairs The Public Procurement Complaint Commission is located at the Internal Revenue Board´s office, Borgartúni 21, 105 Reykjavík, Iceland. Email address: [email protected] The role of the Commission is to settle, quickly and impartially, complaints submitted by economic operators relating to alleged violations of the Public Procurement Act and rules established on the basis thereof. The committee operates according to Article 103 Act on public procurement no

09. May 2025Ministry of Finance and Economic Affairs, Operations and state assets

Ministry Confirms International Joint Bookrunners for Upcoming Íslandsbanki Share Offering

Yesterday, Alþingi approved amendments to the Act on the Disposition of the State’s Holding in Íslandsbanki hf. The offering is scheduled to take place during the first half of the year through a fully-marketed offering, with individuals given priority access. The legislative framework, established last year for the sale of the state’s remaining shares, ensures that due consideration is given to objectivity, efficiency, equality, and transparency.

09. May 2025Ministry of Finance and Economic Affairs, Operations and state assets

Ministry Confirms International Joint Bookrunners for Upcoming Íslandsbanki Share Offering

Yesterday, Alþingi approved amendments to the Act on the Disposition of the State’s Holding in Íslandsbanki hf. The offering is scheduled to take place during the first half of the year through a fully-marketed offering, with individuals given priority access. The legislative framework, established last year for the sale of the state’s remaining shares, ensures that due consideration is given to objectivity, efficiency, equality, and transparency.

08. May 2025Ministry of Finance and Economic Affairs, Operations and state assets, Economic affairs and public finances, ISB

Alþingi approves Framework for Íslandsbanki Public Offering

Alþingi has today approved amendments to Act No. 80/2024 on the Disposal of the State’s Remaining Shares in Íslandsbanki hf. A fully marketed offering is planned for the first half of the year, with Icelandic individuals receiving priority access. The legal framework enacted last year ensures that due consideration is given to objectivity, efficiency, equality, and transparency in the offering process.

08. May 2025Ministry of Finance and Economic Affairs, Operations and state assets, Economic affairs and public finances, ISB

Alþingi approves Framework for Íslandsbanki Public Offering

Alþingi has today approved amendments to Act No. 80/2024 on the Disposal of the State’s Remaining Shares in Íslandsbanki hf. A fully marketed offering is planned for the first half of the year, with Icelandic individuals receiving priority access. The legal framework enacted last year ensures that due consideration is given to objectivity, efficiency, equality, and transparency in the offering process.

10. Dec 2018Ministry of Finance and Economic Affairs, Economic affairs and public finances, Operations and state assets

White Paper on a Future Vision for the Financial System

A good regulatory framework and robust supervision, efficient banking operations and sound ownership of financial undertakings are the three main pillars which must shape the future vision of the Icelandic financial system. This is the conclusion of the working group appointed in February to prepare a White Paper on the financial system.

21. Sep 2018Operations and state assets, Economic affairs and public finances, Ministry of Finance and Economic Affairs

Intent to establish a sovereign wealth fund in Iceland

The authorities intend to establish a sovereign wealth fund, the National Fund of Iceland. The purpose of the Fund will primarily be to serve as a sort of disaster relief reserve for the nation, when the Treasury suffers a financial blow in connection with severe, unforeseen shocks to the national economy, either due to a plunge in revenues or the cost of relief measures that the government has considered unavoidable to undertake.