Regulatory Alerts2026-06-03
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Statement of the Financial Stability Committee 3 June 2026
The Financial Stability Committee (FSN) decided to hold the countercyclical capital buffer unchanged at 2.5%. The FSN designated the Central Bank’s interbank payment system and the Nasdaq securities settlement system as basic financial system infrastructure, and the Financial Market Data Centre’s deposit and payment systems, along with Auðkenni ehf.’s electronic authentication for financial services, as core financial market infrastructure. The Committee emphasized the implementation of a solution enabling offline payment card usage by mid-2026 to enhance payment intermediation resilience.
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