Financial Crime Financial Crime

UK financial-services compensation program is last resort, FCA says as costs soar

By Fiona Maxwell
  • 06 Dec 2021 06:35
  • 06 Dec 2021 06:39
Funding of the UK’s financial-services compensation program could change as well-run businesses complain that they have to fund the failure of poorly run peers.

The Financial Conduct Authority set out its thinking today in a discussion paper on the UK’s Financial Services Compensation Scheme, or FSCS, the fees for which have soared in

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News