Financial Services Compensation Scheme
GPTKB entity
Statements (37)
Predicate | Object |
---|---|
gptkbp:instanceOf |
compensation
|
gptkbp:abbreviation |
gptkb:FSCS
|
gptkbp:CEO |
gptkb:Caroline_Rainbird
|
gptkbp:compensation |
customers of failed financial firms
|
gptkbp:country |
gptkb:United_Kingdom
|
gptkbp:covers |
banks
credit unions insurance companies building societies debt management firms investment firms pension providers mortgage intermediaries |
gptkbp:does_not_cover |
cryptocurrency losses
losses above compensation limits unregulated firms |
gptkbp:established |
2001
|
gptkbp:fundedBy |
levies on financial services industry
|
gptkbp:headquarters_location |
gptkb:London
|
https://www.w3.org/2000/01/rdf-schema#label |
Financial Services Compensation Scheme
|
gptkbp:legalForm |
gptkb:public_company
|
gptkbp:maximum_compensation_(deposits) |
£85,000 per person per firm
|
gptkbp:maximum_compensation_(insurance) |
100% of claim (compulsory insurance)
90% of claim (non-compulsory insurance) |
gptkbp:maximum_compensation_(investments) |
£85,000 per person per firm
|
gptkbp:parentOrganization |
Financial Conduct Authority
Prudential Regulation Authority |
gptkbp:protectedBy |
consumers
|
gptkbp:purpose |
protect consumers when authorised financial services firms fail
|
gptkbp:regulates |
financial services
Financial Conduct Authority Prudential Regulation Authority |
gptkbp:website |
https://www.fscs.org.uk/
|
gptkbp:bfsParent |
gptkb:HSBC_UK
gptkb:RBS_Current_Accounts gptkb:FSCS |
gptkbp:bfsLayer |
6
|