Dr. Andri Fannar Bergþórsson
Attorney
Contact information:
E-mail: andri@venturelegal.is
Mobile: +354 849-0934
Dr Andri Fannar Bergþórsson is an attorney and professor specialising in capital markets, financial markets law and corporate law. He has advised banks, financial institutions and major corporates on regulatory frameworks, implementation and resolution of complex matters, in addition to carrying out extensive academic work. Andri obtained a PhD in securities market law from the Faculty of Law of the University of Copenhagen and has worked both within public administration and as a specialist adviser in the financial markets.
The interplay between academic expertise and practical experience enables him to resolve complex issues in an efficient and rigorous manner.
Key practice areas
Banking and capital markets, financial services, company law, corporate advisory and economic and financial crime.
Professional qualifications
Admitted to practice before
The District Courts
Practice areas
Corporate finance and capital market law, financial services, company law and corporate advisory and economic crimes
Languages
English and Danish
Education
2017 – Doctor of Philosophy (PhD), University of Copenhagen, Capital Market Law
2009 – Master of Laws (Mag.jur.), University of Iceland
2008 – Nordplus scholarship recipient, University of Copenhagen
2007 – Bachelor of Laws (BA), University of Iceland
Career history
2025 – Venture Legal, partner
2017 – Reykjavik University, Professor of Law
2022 – 2025 ADVEL Attorneys at Law
2014 – 2017 University of Copenhagen, Ph.D. fellow in Capital Market Law
2010 – 2014 Special Prosecutor´s Office, Deputy Prosecutor
2010 – ADVEL Attorneys at Law
2007 – 2009 Financial Supervisory Authority of Iceland
Publications
Books
Verðbréfamarkaðsréttur I. Markaðir og viðskipti með fjármálagerninga (Securities Market Law I. Markets and Transactions in Financial Instruments). Co-author: Aðalsteinn E. Jónasson, Judge at the Court of Appeal (Landsréttur). Codex Publishing, 2024.
What is Market Manipulation? An Analysis of the Concept in a European and Nordic Context. Brill Publishing, 2018.
Articles
“Can Dissemination of True Information Constitute Market Manipulation?” Nordic Journal of European Law, Vol. 1, 2025.
“The Application of MiFID II’s General Duty of Loyalty in Iceland.” Scandinavian Studies in Law, Volume 71 – Financial Law, 2025.
“Restrictions on the Use of Inside Information in the Wholesale Energy Market in Connection with the Implementation of REMIT.” Tímarit Lögréttu, 2024.
“Insider Dealing and the Public Disclosure of Inside Information.” Tímarit lögfræðinga (Icelandic Law Review), Spring 2024.
“Rules on Conflicts of Interest and Organisational Requirements under MiFID II.” Tímarit lögfræðinga (Icelandic Law Review), No. 2, 2023.
Co-author: Aðalsteinn E. Jónasson, Judge at the Court of Appeal.
“Different Levels of Investor Protection: Rules on the Classification of Clients under MiFID II.” Tímarit Lögréttu, Special Issue, 2023.
Co-author: Aðalsteinn E. Jónasson, Judge at the Court of Appeal.
“Increasing Investor Protection under MiFID II: The Assessment of Suitability and Appropriateness.” Tímarit lögfræðinga (Icelandic Law Review), No. 4, 2020, pp. 533–570.
Co-author: Aðalsteinn E. Jónasson, Judge at the Court of Appeal.
“Can Real Transactions Constitute Market Manipulation?” Festschrift in Honour of Rolf Skog, December 2021, pp. 151–172.
“The Use of Inside Information as a Prerequisite for Insider Dealing.” Úlfljótur Online Law Review, 26 August 2020.
“Timing of the Obligation to Disclose Inside Information in the Course of Financial Reporting.” Úlfljótur – Law Review, No. 1, 2020, pp. 9–33.
“The EEA and Nordic Company Law.” Nordisk Tidsskrift for Selskabsret, No. 4, 2019, pp. 59–63.
“What Information Must an Issuer Disclose? The Concept of Inside Information in Relation to Issuers’ Disclosure Obligations.” Tímarit lögfræðinga (Icelandic Law Review), No. 1, 2019, pp. 3–25.
“Adapting the European System of Financial Supervision (ESFS) to the EEA Two-Pillar Structure – A Workable Solution?” European Company and Financial Law Review, No. 5, 2019, pp. 557–591.
“Icelandic Company Law in Light of Nordic Co-operation.” In Selskabsloven. De første 100 år (The Companies Act: The First 100 Years).
“The Core of Market Manipulation.” Tímarit Lögréttu, No. 2, 2018, pp. 238–295.
“When Must Issuers of Financial Instruments Disclose Inside Information?” Tímarit lögfræðinga (Icelandic Law Review), No. 3, 2013, pp. 241–279.
“Market Manipulation at the Opening and Closing of Trading.” Tímarit lögfræðinga (Icelandic Law Review), No. 1, 2012, pp. 51–77.
“Market Manipulation in the Form of Misleading Information.” Tímarit lögfræðinga (Icelandic Law Review), No. 2, 2009, pp. 197–226.
Teaching
Reykjavik University, Faculty of Law
Responsible for and teach the bachelor level course Capital Market Law since 2017
Responsible for and teach the master level course Company and financial market law since 2020
Responsible for and teach a course to prepare for law exam to obtain securities licence and responsible for the exam since 2020
Lecturer in the master level course Property- and economic crime 2011-2014
Law and regulation in the financial market, course to prepare for the third part in the securities trading exam, 2017-2019
University of Copenhagen, Faculty of Law
Responsible for and taught the master level course Company Law – Limited Companies (in Danish) 2014
University of Iceland, Faculty of Law
Lecturer in the master level course Financial market law 2013 and 2017
Assistant Lecturer in Jurisprudence, 2007
Committee work and other activities
Editorial Board of Nordisk Tidsskrift for Selskabsret since 2019
Stjórn Lagastofnunar Háskóla Íslands, 2007-2008
Stjórn Orators, félags laganema, 2006-2007