Rules and Regulations

Nasdaq Iceland

- Kauphöll Íslands

Nasdaq Iceland is a regulated market licensed in Iceland. Trading at Nasdaq Iceland is governed by the Issuer Rules, the Member Rules and the Warrant Rulebook. Nasdaq Iceland also operates First North, an MTF in Iceland that is subject to a separate Rulebook.

Issuer Rules

- Reglur fyrir útgefendur

Listing requirements are a vital part of a listing. There are requirements to become listed as well as ongoing requirements that need to be fulfilled while the company is listed. Disclosure rules regulate the procedures on when and how listed companies disclose information to the market. All information that is likely to materially influence the valuation of a listed company must be published in a way that ensures that it reaches all market participants simultaneously. The rules for issuers with regards to shares are in substance harmonized between all four (4) exchanges, especially the listing requirement and disclosure rules.

Effective Date
Rules for issuersReglur fyrir útgefendur fjármálagerninga1 Jul 2018
Corporate Governance - 2015Stjórnarhættir fyrirtækja - 20152015

Rules of the Disciplinary Committee

- Reglur um viðurlaganefnd

Effective Date
Rules of the Disciplinary committee
Reglur um Viðurlaganefnd
1 Mar 2017

Member Rules

Please note that the Member Rules are harmonized for the Nordic exchanges and found under the heading “Common Rules”.

First North

Issuers on First North are subject to the rules of First North but not the requirements for admission to trading on a regulated market. The rules are the same in all First North markets, except for a few, smaller differences due to national law. Please note that the First North Rules are found under the heading "Common Rules".


Contact Us
For older rule or market model versions, please email
Zivilé Slavinskaité,
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