From Iceland, the cod stock is assessed once a year, in the spring, like in Norway. Once they've done the assessment, then the advice goes through the ICES umbrella. For most of the commercial stocks, it's annual. During the fishing of capelin there are lots of searches of the capelin, so you could say that the assessment is done maybe two or three times during the fishing season. It's mostly annual for the top predators. Whales are part of the IWC, International Whaling Commission, system, and it's every five or seven years, something like that. So, yes, it's annual, I would say.
On October 17th, 2016. See this statement in context.