Financial Conduct Authority gives approval
The government has recovered a further £1.3bn from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis.
Telling clients their investment idea is a 'no go' is a tough job, but someone's gotta do it
A European court has cleared the Icelandic government of failing to guarantee minimum levels of compensation for UK and Dutch savers in the collapsed Icesave bank.
The Serious Fraud Office (SFO) has been forced to drop its investigation into property tycoon Robert Tchenguiz and his role in the collapse of Icelandic bank Kaupthing due to insufficient evidence.
Former Icelandic Prime Minister Geir Haarde has been found guilty of one of four charges of negligence relating to the collapse of the country's banks during the 2008 financial crisis.
Geir Haarde, the former Icelandic Prime Minister, is to go on trial on charges of negligence during the 2008 financial crisis.
Bondholders owed £2.5bn following the Icelandic banking crisis have begun a legal challenge against the 'priority status' given to local authorities and the Financial Services Compensation Scheme (FSCS) to get their money back from Landsbanki.
Iceland has said the UK will get back the money it paid out to customers when the Nordic country's banking system collapsed.
Iceland has rejected a deal with the UK and the Netherlands to repay debts relating to the collapse of Icesave.