UK government seized assests of bankrupt Icelandic bank
UK government used anti-terrorism and money laundering laws to seize UK based assets of Landsbanki Islands hf to help protect deposits made by 300,000 U.K. residents.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
Potential consequences of the financial crisis? »Potential consequences of the financial crisis?
Geo-political instability »Geo-political instability
Countries starting to ring-fence assets »Countries starting to ring-fence assets
UK government seized assests of bankrupt Icelandic bank
Iceland on brink of bankruptcy »Iceland on brink of bankruptcy
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Author: Kitty Donaldson, Gonzo Vina
Cited by: David Price 9:32 PM 12 October 2008 GMT
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"U.K. Used Anti-Terrorism Law to Seize Icelandic Bank Assets"
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CONTEXT(Help)
-
The Global Financial Crisis »The Global Financial Crisis
Potential consequences of the financial crisis? »Potential consequences of the financial crisis?
Geo-political instability »Geo-political instability
Countries starting to ring-fence assets »Countries starting to ring-fence assets
UK government seized assests of bankrupt Icelandic bank
Iceland on brink of bankruptcy »Iceland on brink of bankruptcy