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Practice area

Financial Institutions Law

Environmental image for practice area: Financial Institutions Law

Financial institutions operate within a dense regulatory framework involving supervisory authorities, international rules and internal procedures. Jonsson & Hall provides banks, funds and other financial undertakings with comprehensive legal advice.

Specialised service and experience

Our advice may cover, among other things, licensing matters and dealings with the Financial Supervisory Authority of the Central Bank of Iceland, implementation of capital-requirement rules, anti-money-laundering measures, risk management and internal controls.

Jonsson & Hall handles the drafting of loan agreements, security documents, derivatives and financing arrangements, as well as advice on debt restructuring and dealings with foreign financing parties.

We place emphasis on advice that is useful both in day-to-day operations and in larger projects, for example the issuance of financial instruments, the sale of asset portfolios or changes to a financial undertaking’s corporate form.

Our aim is for our advice to support sound decisions within the sector and to help financial undertakings meet regulatory requirements efficiently.

Matters may include

  • Licensing and dealings with the Central Bank
  • Loan agreements and security
  • Anti-money-laundering measures
  • Issuance of financial instruments
  • Restructuring and sale of assets