Rules & Regulations -

Nasdaq Iceland (Kauphöll Íslands) is a regulated market licensed in Iceland.


Nasdaq Iceland is a regulated market governed by the Icelandic Act on Markets in Financial Instruments No. 115/2021 and subject to supervision by the Icelandic Financial Supervisory Authority (Ice. Fjármálaeftirlit Seðlabanka Íslands).

Financial instruments may be admitted to trading only where conditions exist for fair, orderly and efficient trading. Through the issuer rules, Nasdaq Iceland hf. carries out the conditions which are set forth by the legislator. The rules for Nasdaq Iceland are also adapted to existing EU directives and regulations such as the (EU) Market Abuse Regulation (MAR), the (EU) Transparency Directive, the (EU) Directive regarding Markets in Financial Instruments (MiFID II) and the (EU) Takeover Directive. 

The rules thus include the specific requirements for issuers and its financial instruments to be admitted to trading at Nasdaq Iceland, including the rules which defines an issuer's disclosure requirements in respect of the market and Nasdaq Iceland. 

Under the heading RULEBOOKS/RULES, you will find the current rulebooks and rules.

In the SUPPORTING DOCUMENTS section, you will find Q&As, guidance etc.

In the REGULATORY NOTICES section, you will find regulatory notices pertaining to rule changes and the upcoming version of the new rulebooks.

Related links: Listing Forms, Certified Adviser on First North 


Issuer rules

    Local Rules

    Common Rules


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