Icelandic banking collapse, capital controls, and IMF program (September–November 2008)

1. Government takes 75% stake in Glitnir

   Sep 29, 2008Labels: Glitnir, Iceland Government

   • Glitnir PR
   • Irish Times

2. Emergency banking law expands supervisor powers

   Oct 6, 2008Labels: Emergency Banking, Financial Supervisory

   • UK Hansard
   • IMF PR 08

3. Financial supervisor takes control of Landsbanki

   Oct 7, 2008Labels: Landsbanki, Financial Supervisory

   • Landsbanki PR
   • UK Hansard

4. Authorities take control of Kaupthing

   Oct 9, 2008Labels: Kaupthing, Iceland Authorities

   • UK Hansard
   • Central Banking

5. New domestic bank formed from Glitnir’s Icelandic assets

   Oct 16, 2008Labels: New Bank, Glitnir Icelandic

   • Iceland Review
   • IMF PR 08

6. IMF talks conclude on crisis program framework

   Oct 23, 2008Labels: IMF Talks, Iceland Ministry

   • CBI notice
   • IMF PR 08

7. IMF Executive Board approves Iceland Stand-By Arrangement

   Nov 19, 2008Labels: IMF Stand-By, IMF Executive

   • IMF PR 08
   • CBI package

8. IMF staff report package published in Iceland

   Nov 26, 2008Labels: IMF Staff, IMF Documentation

   • CBI package
   • IMF PR 08

9. Central Bank announces shift to formal capital controls framework

   Nov 28, 2008Labels: Central Bank, Foreign Exchange

   • CBI release
   • BIS speech

10. Central Bank issues Rules on Foreign Exchange (No. 1082/2008)

    Nov 28, 2008Labels: Rules No, Central Bank

    • CBI rules
    • Yale YPFS

11. Central Bank publishes investor Q&A on new FX rules

    Dec 9, 2008Labels: Central Bank, Investor Guidance

    • CBI Q A
    • CBI release

12. IMF program later reaches final review and completion

    Aug 26, 2011Labels: IMF Program, IMF Review

    • IMF PR 11