2009
-
Disclosure Requirements for Deposit Firms
31st December 2009
From 1 January 2010, new rules come into force as to how firms regulated by the FSA that accept deposits are required to inform their customers that their deposits are covered by the FSCS. EEA firms w...
-
Kate Bartlett appointed as new Director of Operations
16th December 2009
Kate Bartlett is joining the Financial Services Compensation Scheme (FSCS) as its new Director of Operations. She will join the FSCS on 1 February 2010 in a critical role leading on all aspects of the...
-
Kaupthing Singer & Friedlander Second Dividend
30th November 2009
The Administrators of Kaupthing Singer & Friedlander Limited (in Administration) ("KSF") recently issued a notice to creditors advising that they intend to make a second interim distribution...
-
2008/09 interest levy for the bank failures
29th July 2009
Firms in the deposit class will be levied £406m later this week for initial interest charges and related management expenses in respect of the bank failures in 2008/09. The costs will not affect...
-
FSA publishes new rules for faster payout
24th July 2009
The Financial Services Authority today published its Policy Statement on banking and compensation reform. The FSCS welcomes the changes and believes they will contribute to improving consumer confid...