he Icelandic government welcomes the Treasury Committee report and consideres it to be a meaningful contribution to the explanation of the events in October.

Jóhanna Sigurðardóttir, the Prime Minister of Iceland, has written to Gordon Brown the Prime Minister of the UK, asking for his reactions to findings in the Treasury Commmittee report on the actions taken by the UK government early October when the Icelandic banks collapsed. The Freezing Order, issued by the UK government on 8 October 2008 on the authority of the UK Anti-Terrorism, Crime and Security Act 2001, freezes certain funds relating to Landsbanki, including those owned, held or controlled by the Icelandic Government and authorities. Later the UK authorities effectively took over Kaupthing Singer&Friedlander, a subsidiary of Kaupthing, put the bank into administration and transferred most of its retail deposits to the Dutch bank, ING.  The Icelandic Government Information Centre website - 08-Apr-09.

http://www.iceland.org/info/news/features/nr/6929