identify the role of (asset-liability mismatch OR excessive leverage ) in The Icelandic Financial Crisis beginning in 2008

Follow this structure, please. The assignment will result in ZERO marks if you don’t answer each bullet point sufficiently and analytically. Also, talk about either asset-liability mismatch OR excessive leverage. Don’t combine them.

1- A brief summary of the crisis

2- The importance of the area you cover

3- What is the problem of this area in the crisis (with evidence)

4- What reforms were proposed to tackle the problem?

5- Are there reforms effective?

6- Conclusions

Topic: identify the role of (asset-liability mismatch OR excessive leverage ) in The Icelandic Financial Crisis beginning in 2008 Also, you are required to evaluate the approaches taken by the central bank and government in tackling the issues you have addressed.

Last, use medium level vocabulary because English is my second language.