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Merger of Central Bank of Iceland and Financial Supervisory Authority in preparation – Inflation targeting to remain the principal objective of monetary policy

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Today, it was announced that work has commenced on a review of the statutory framework for monetary policy, macroprudential policy, and financial market supervision, including a merger ofthe Central Bank of Iceland and the Financial Supervisory Authority.

Here is a link to the announcement published today, October 11, on the websites of the Prime Minister’s Office and the Ministry of Finance and Economic Affairs:

Merger of Central Bank of Iceland and Financial Supervisory Authority in preparation –
Inflation targeting to remain the principal objective of monetary policy
.

Source link

Regulator Information

Abbreviation: FME IS
Jurisdiction: Iceland

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