Iceland regulators ‘lied’, says Dutch bank chief

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Series Details 5.2.10
Publication Date 05/02/2010
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Icelandic banking regulators 'lied' to Dutch officials about the health of the country's banks only days before the lenders collapsed in 2008, the head of the Dutch central bank said on the 4 February 2010.

Seeking to reject claims that Dutch regulators had been inattentive as Icesave online bank slipped towards bankruptcy, Nout Wellink, central bank president, said Icelandic regulators had given him what amounted to false assurances.

Related Links
ESO: Background information: Iceland warns EU over Icesave row http://www.europeansources.info/record/iceland-warns-eu-over-icesave-row/
ESO: Background Information: Iceland rushes to find Icesave facesaver http://www.europeansources.info/record/iceland-rushes-to-find-icesave-facesaver/

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