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No. 1500/2025
9 December 2025

RULES

on the provision of information regarding the cross-border activities of management companies of UCITS and managers of alternative investment funds.

Article 1. Scope.

These Rules apply to management companies of UCITS, cf. Article 1 of Act No. 116/2021 on UCITS, and managers of alternative investment funds, cf. Article 1 of Act No. 45/2020 on managers of alternative investment funds.

Article 2. Provision of information regarding cross-border activities.

According to Chapter XII of Act No. 116/2021, a management company of a UCITS that intends to commence cross-border activities shall notify the Financial Supervisory Authority thereof, and the notification shall be accompanied by the information provided for in the relevant provision of Chapter XII of the Act. Furthermore, cooperation and exchange of information between competent authorities within the European Economic Area is provided for in Articles 127-129 of the Act. According to Chapter VIII of Act No. 45/2020, a manager of alternative investment funds that intends to commence cross-border activities shall notify the Financial Supervisory Authority thereof, and the notification shall be accompanied by the information provided for in the relevant provision of Chapter VIII of the Act.

These Rules are issued to transpose into Icelandic law the Commission delegated regulations (EU) that specify in more detail the information to be notified to the Financial Supervisory Authority regarding cross-border activities, the form and content of the Financial Supervisory Authority's confirmations, and the procedures for the exchange of information and the use of electronic communication between competent authorities.

Article 3. Implementation of regulations.

With these Rules, the following Commission regulations (EU) enter into force in Iceland:

• Commission Regulation (EU) No. 584/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards the form and content of the standard notification and attestation for UCITS, the use of electronic communication between competent authorities for the purposes of notifications and the procedures for on-the-spot verifications and investigations as well as the exchange of information between competent authorities, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 168/2012 of 28 September 2012. The Regulation is published in the EEA Supplement to the Official Journal of the European Union No. 56 of 10 October 2013, pp. 25-36.

• Commission Implementing Regulation (EU) 2024/910 of 15 December 2023 on technical implementing standards for the application of Directive 2009/65/EC of the European Parliament and of the Council as regards the form and content of the information to be notified in respect of cross-border activities of UCITS, management companies of UCITS, the exchange of information between competent authorities by means of cross-border notification letters, and amending Commission Regulation (EU) No. 584/2010, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 97/2025 of 8 May 2025. The Regulation is published in the EEA Supplement to the Official Journal of the EU No. 63 of 9 October 2025, pp. 134-137.

• Commission Delegated Regulation (EU) 2024/911 of 15 December 2023 supplementing Directive 2009/65/EC of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be notified in connection with the cross-border activities of management companies and UCITS, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 126/2024 of 12 June 2024. The Regulation is published in the EEA Supplement to the Official Journal of the EU No. 65 of 29 August 2024, pp. 302-305.

• Commission Delegated Regulation (EU) 2024/912 of 15 December 2023 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be notified in connection with the cross-border activities of managers of alternative investment funds, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 127/2024 of 12 June 2024. The Regulation is published in the EEA Supplement to the Official Journal of the EU No. 65 of 29 August 2024, pp. 306-309.

• Commission Implementing Regulation (EU) 2024/913 of 15 December 2023 on technical implementing standards for the application of Directive 2011/61/EU of the European Parliament and of the Council as regards the form and content of the information to be notified in respect of cross-border activities of managers of alternative investment funds and the exchange of information between competent authorities by means of cross-border notification letters, which was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 215/2024 of 23 September 2024. The Regulation is published in the EEA Supplement to the Official Journal of the EU No. 17 of 20 March 2025, pp. 1-22.

Article 4. Entry into force.

These rules, which are issued with authority in items 14-16 and items 19-21 of the second paragraph of Article 134 of Act No. 116/2021 and item 9 of the second paragraph of Article 117 of Act No. 45/2020, enter into force immediately. At the same time, Rules No. 1537/2024 on information provision regarding the cross-border activities of management companies of securities funds and managers of specialized funds, Rules No. 938/2025 on information provision regarding the cross-border activities of funds, and Rules No. 1122/2025 on information provision regarding the cross-border activities of funds, cease to be in force.

Central Bank of Iceland, 9 December 2025.
Ásgeir Jónsson governor of the Central Bank.
Rannveig Júníusdóttir managing director.

Section B — Publication date: 29 December 2025