Investor compensation and redress

Investor compensation and redress guidance:

What is a consumer redress scheme? Rule making powers came into force in 2010 which afforded the predecessor to the Financial Conduct Authority (FCA), the Financial...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

The evolution of judicial review cases within the financial services sector Judicial review is the procedure by which courts in England and Wales examine the decisions of...

Practice Note

Since 1 April 2013, when making a claim for compensation to the Financial Services Compensation Scheme (FSCS), it is no longer necessary for the FSCS to seek a claimant's...

Practice Note

The powers of the Financial Services Compensation Scheme (FSCS) to raise funds from the regulated community are contained in Chapter 6 of the FEES sourcebook of the...

Practice Note

There are different regimes under the Financial Services Compensation Scheme (FSCS) system for deposit claims, non-deposit claims and insurance policyholder protection....

Practice Note

This Practice Note covers the conditions necessary for the payment of compensation to a person by the Financial Services Compensation Scheme (FSCS). This covers rules...

Practice Note

This Brexit Deposit Guarantee Schemes Directive 2014/49/EU (DGSD) quick guide details current UK legislation and retained EU legislation that will be amended and/or...

Practice Note

Background to the Investor Compensation Schemes Directive The Investor Compensation Schemes Directive (EC) 97/9 (ICSD) is one of two existing EU guarantee scheme...

Practice Note

This Brexit Deposit Guarantee Schemes Directive (EC) 94/19 (amended by Directive (EC) 2009/14) (DGSD) quick guide details current UK legislation, retained EU legislation...

Practice Note

This Brexit Deposit Guarantee Schemes Directive 2014/49/EU (DGSD) quick guide details current UK legislation, retained EU legislation and FCA and PRA regulatory rules and...

Practice Note

The Financial Services Compensation Scheme (FSCS) came into force on 1 December 2001 (although still covers claims from before that date) and is established under Part XV...

Practice Note