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The Financial Services Compensation Scheme has declared Scotland-based Money Advice Partnership Ltd in default. According to the FCA Register the firm applied to cancel its authorisation in ...
The Financial Services Compensation Scheme has declared Glasgow-based Executive Benefit Consultancy Limited and Surrey-based Jacob Hopkins McKenzie Limited in default. According to the FCA ...
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The FSCS compensates depositors if their UK-authorised bank, building society, or credit union becomes insolvent. The ...
some of your money is protected through the Financial Services Compensation Scheme (FSCS). Also known as the "lifeboat fund", the scheme is funded by all regulated financial firms and pays out ...
What is the Financial Services Compensation Scheme (FSCS)? The Financial Services Compensation Scheme (FSCS) protects customers from losing some or all of their cash if authorised financial services ...
The PRA proposes raising the deposit protection limit of the FSCS from £85,000 to £110,000. Learn about the changes.
Proposed increases in the deposit protection limit from £85,000 to £110,000 and in the temporary high balance limit from £1 million to £1.4 ...
EXCLUSIVE Shadow financial services minister Luke Howarth has stressed the Coalition’s commitment to reforming the CSLR, ...
On 31 March 2025, the Bank of England Prudential Regulation Authority (PRA) announced a significant proposal: raising the ...
The FSCS is the UK’s Deposit Guarantee Scheme which protects eligible deposits if a firm fails, up to a limit set by the PRA.