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City Officials Under Investigation for Data Leak

Summary by Vísir
A data leak related to the publication of the City of Reykjavík's annual accounts at the end of April has been reported to the Central Bank of Iceland's Financial Supervisory Authority, the City of Reykjavík's internal audit department and the Audit Committee. The letter from the City of Reykjavík's compliance officer states that this is a case of market fraud.
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2 Articles

A data leak related to the publication of the City of Reykjavík's annual accounts at the end of April has been reported to the Central Bank of Iceland's Financial Supervisory Authority, the City of Reykjavík's internal audit department and the Audit Committee. The letter from the City of Reykjavík's compliance officer states that this is a case of market fraud.

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A serious and illegal leak of inside information occurred at City Hall at the end of April, according to the Reykjavík City Council's compliance officer. She has reported the incident to the Central Bank's Financial Supervisory Authority. The incident is related to a news report by mbl.is about all the main information from the City of Reykjavík's annual accounts for 2025, which was published at the same time as the annual accounts were made pub…

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RÚV broke the news on Monday, May 11, 2026.
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