01. July 2010

Introduction about guidelines issued to financial institutions due to non-binding clauses linking loans to the exchange rate

Arnor Sighvatsson Deputy Governor of the Central Bank of Iceland gave an introduction to the guidelines issued by the Central Bank and the Financial Supervisory Authority to financial undertakings in order to instruct them on how to respond to the Supreme Court judgement on non-binding exchange rate linkage clauses. The introduction is available here.