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Ministry of Finance and Economic Affairs

Minutes of the Meeting of the Financial Stability Council of 10 September 2014

Members of the Council: Bjarni Benediktsson, Chairman; Már Guðmundsson, Unnur Gunnarsdóttir.

Others attending: Guðmundur Árnason, Sigríður Benediktsdóttir, Sigurður Árni Kjartansson, Tómas Brynjólfsson, Steindór Grétar Jónsson (took the minutes)

Meeting called to order at 1:00 pm.

1. Protocols of the Financial Stability Council

A draft of protocols, prepared in the Ministry of Finance and Economic Affairs, were presented for discussion. It was agreed that a working group would take the draft and develop it further, taking comments of Council members into consideration. The matter will be taken up anew at the Council's next meeting.

2. Other matters

  1. Official policy on financial stability
    The Systemic Risk Board will prepare a draft of an official policy on financial stability in co-operation with the Ministry.
  2. Next meeting
    The Council's next meeting will be held before the end of 2014, probably in the latter half of October.
  3. News announcement
    A draft news announcement on the Council's first meeting was presented to the Council.

Meeting adjourned at 2:25 pm.

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