30-Mar-2016: Liquidators' Update, see Deloitte site

Brown Justifies Use of Anti-Terrorism Act on Landsbanki

The UK was right to use the Anti-Terrorism, Crime and Security Act of 2001 to freeze the assets of Landsbanki in the UK in October 2008, British Prime Minister Gordon Brown wrote in response to a letter from his Icelandic counterpart, Jóhanna Sigurdardóttir.

However, in the letter, which Fréttabladid has a copy of, Brown also states that he will review the report undertaken by the Treasury Committee of the UK Parliament, criticizing the implementation of the anti-terrorism legislation, and react accordingly . . .

. . . Brown’s response was sent on April 24 but hasn’t been made public until now. He agreed with Sigurdardóttir on the importance of solving the Icesave dispute and that Iceland honor its obligations. He also mentioned tax havens and that his Treasury had invited Iceland to bilateral discussions on that subject.  16-Jun-09.