2012
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FSCS sets 2012/13 levy at £265m
27th April 2012
The Financial Services Compensation Scheme (FSCS) has today confirmed its proposed levy for 2012/13 at £265m. The levy has increased by £44m since FSCS published its initial assumptions in...
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CF Arch Cru quantification process agreed
3rd April 2012
Levy likely to fall to life and pensions intermediation and investment intermediation sectors FSCS has now decided how it will compensate consumers with eligible claims against independent financial a...
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FSCS confirms £60m interim levy for investment intermediaries
14th March 2012
The Financial Services Compensation Scheme today confirms a £60m interim levy for investment intermediaries. Firms in this sector will be sent invoices for their share of the levy by the end of ...
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Refinancing of loans for 2008/09 bank failures
8th March 2012
The Financial Services Compensation Scheme (FSCS) and HM Treasury have agreed terms for refinancing loans to the FSCS for the bank failures of 2008/09. FSCS borrowed £20.4bn from HM Treasury in ...
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FSCS publishes its Plan and Budget: 2012/13
2nd February 2012
Increasing volumes of PPI claims account for more than a quarter of total levy The Financial Services Compensation Scheme (FSCS) today publishes its Plan and Budget: 2012/13. FSCS estimates the indica...