Regulatory proposal on the plans to submit a bill allowing for the … – GlobeNewswire

| Source: The Housing Financing Fund The Housing Financing Fund
Reykjavik, ICELAND
The Minister of Finance and Economic Affairs has presented a regulatory proposal in the government’s consultation portal on the plans to submit to Althingi a bill allowing for the liquidation and settlement of the IL-Fund. The settlement plans are in line with the assessment of the fund’s insolvency, revealed in a report presented by the minister to Parliament last October on the status of the fund.
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