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Currency_transfers

UK Treasury statement to facilitate flow of capital

17.10.2008

The UK Treasury has issued a statement explaining what the UK restrictions against Landsbanki involve. The announcement is meant to facilitate normal capital flow between Iceland and the UK.

On the 9th of October British authirities issued a Freezing Order against Landsbanki. The order was very extensive. It was changed by another order issued on October 13 and then explained further by an announcement on the 17th of October.

HM Treasury Freezing Order - October 8th 2008

HM Treasury Explanatory Memorandum to the Landsbanki Freezing Order - October 8th 2008

HM Treasury General Licence L1 - October 9th 2008

HM Treasury General Licence L2 - October 13th 2008

HM Treasury Notice - October 17th 2008



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