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No. 719/2026
10 June 2026

RULES

on data reporting by financial undertakings.

Art. 1. Scope.

These rules apply to financial undertakings that are obliged to provide the Financial Supervisory Authority with information pursuant to the Act on Financial Undertakings, No. 161/2002.

Art. 2. Frequency and form of data reporting by financial undertakings.

A financial undertaking shall provide the Financial Supervisory Authority with information pursuant to Part Seven A of Regulation (EU) No. 575/2013, cf. the Act on Financial Undertakings, in the manner and with the frequency laid down in Regulation (EU) 2024/3117, as subsequently amended, cf. Art. 3.

Art. 3. Implementation of regulations.

With reference to Art. 2, the following regulations apply in this country:

• Commission Implementing Regulation (EU) 2021/453 of 15 March 2021 on implementing technical standards for the application of Regulation (EU) No. 575/2013 of the European Parliament and of the Council with regard to specific reporting requirements for market risk, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 301/2021 of 29 October 2021 as published in the EEA Supplement to the Official Journal of the European Union No. 19 of 29 February, p. 36.

• Commission Implementing Regulation (EU) 2024/3117 of 29 November 2024 on implementing technical standards with regard to the reporting of institutions to supervisory authorities pursuant to Regulation (EU) No. 575/2013 of the European Parliament and of the Council and repealing Implementing Regulation (EU) 2021/451, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 134/2025 of 13 June 2025.

• Commission Implementing Regulation (EU) 2025/2475 of 8 December 2025 amending Regulation (EU) 2024/3117 on implementing technical standards with regard to the reporting of institutions to supervisory authorities on operational risk, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 173/2026 of 5 June 2026.

With reference to the authorisation in the transitional provision III of Act No. 161/2002, on Financial Undertakings, the Central Bank of Iceland refers to the publication of the English version of Commission Regulations (EU) 2021/453, 2024/3117 and 2025/2475 in the Official Journal of the European Union:

• https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32021R0453, published in OJ Series L, No. 89, on 16 March 2021, pp. 3-14;

• https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX%3A32024R3117, published in OJ Series L, 2024/3117, on 27 December 2024;

• https://eur-lex.europa.eu/eli/reg_impl/2025/2475/oj/eng, published in OJ Series L, 2025/2475, on 9 December 2025.

Art. 4. Entry into force.

These rules, which are laid down with authorisation in the second paragraph of Art. 117 b of the Act on Financial Undertakings No. 161/2002, enter into force immediately. Upon their entry into force, Rules No. 1556/2025, on data reporting by financial undertakings, are repealed.

Transitional provision.

In accordance with Art. 1 of Regulation (EU) 2025/2475, the provisions of the twelfth paragraph of Art. 5, templates 18–24 in Annex I and items 5.1–5.7 in the second part of Annex II of Commission Implementing Regulation (EU) 2021/451 of 17 December 2020 on implementing technical standards for the application of Regulation (EU) No. 575/2013 of the European Parliament and of the Council with regard to the reporting of institutions to supervisory authorities and repealing Implementing Regulation (EU) No. 680/2014 apply until 31 December 2026. The provisions of Art. 15 of the same regulation apply until 31 December 2026 with regard to the fourth paragraph of Art. 5 of Regulation (EU) 2024/3117.

With reference to the authorisation in the transitional provision III of Act No. 161/2002, on Financial Undertakings, the Central Bank of Iceland refers to the publication of the English version of Commission Regulation (EU) 2021/451 in the Official Journal of the European Union: https://eur-lex.europa.eu/eli/reg_impl/2021/451/oj/eng, published in OJ Series L, No. 97/1, on 19 March 2021.

Central Bank of Iceland, 10 June 2026.
Björk Sigurgísladóttir
Deputy Governor of the Financial Supervisory Authority.
Guðmundur Óli Blöndal
Director.

Part B — Publication date: 25 June 2026