I. Working experience
Partner VÍK Law Firm, Reykjavik.
Energy law, financial law, international business agreements, company law, competition law, EU law, Court representation. The law firm handles various cases on international level and negotiations for its clients.
Consultancy for energy companies and financial institutions on green renewables, working on investment options in the energy sector in Europe and Iceland.
Court representation, advisory, composing legal documents, competition claims, labour law and negotiations for various municipal bodies and institutions of City of Reykjavík.
II. Liberalisation of the capital controls in Iceland 2013-2015
Appointed by the Prime Minister of Iceland in November 2013 to advisory board of 6 persons, which all are leading experts on the economy, law and the financial sectors in Iceland. The task was to create a holistic solutions following the collapse of the Iceland‘s financial system in 2008. The collapsed banks alone amounted to the third largest fall of a financial institution world-wide in history. The board composed and formulated the liberalisation process of the capital controls in Iceland, including the goals of the authorities, step by step plan and the message and policy of Icelandic authorities in the process. This plan was approved by the government of Iceland. Following this work I was appointed by the Minister of Finance in July 2014 to an execution board of four people and thereby managing the execution of the liberalisation process of capital controls. In this work I had close co-operation with the Central bank of Iceland, leading experts like Anne Krueger, economist and former deputy director of IMF and Lee C Buchheit, lawyer and senior partner at Gleary Gottlieb, Hamilton & Steen. This work has now leaded to a solution of the fallen banks through composition agreements and solved other fundamental issues for paving the way to uplift the controls off the Icelandic economy in the year 2016 and 2017.
V. Committees and society positions