The Financial Services Compensation Scheme
GPTKB entity
Statements (52)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:hospital
|
gptkbp:bfsLayer |
6
|
gptkbp:bfsParent |
gptkb:Jayne-Anne_Gadhia
|
gptkbp:activities |
financial recovery
|
gptkbp:appointed_by |
the FSCS Limited
|
gptkbp:based_on |
gptkb:United_Kingdom
|
gptkbp:benefits |
customers of failed financial services firms
mortgage advice failures |
gptkbp:covered_by |
£85,000
|
gptkbp:enhances |
financial system resilience
|
gptkbp:ensures |
fair treatment of consumers
|
gptkbp:form |
deposit insurance
|
gptkbp:founded |
gptkb:2001
|
gptkbp:governed_by |
gptkb:the_Financial_Conduct_Authority
|
gptkbp:government_type |
gptkb:theorem
|
gptkbp:has_role |
protecting consumers from financial loss
|
https://www.w3.org/2000/01/rdf-schema#label |
The Financial Services Compensation Scheme
|
gptkbp:investment |
£85,000
|
gptkbp:is_a_resource_for |
financial consumers seeking help
|
gptkbp:is_available_in |
individuals and small businesses
investment losses due to market fluctuations |
gptkbp:is_critical_for |
maintaining public trust in finance
|
gptkbp:is_designed_to |
financial institution failures
accessible to all consumers |
gptkbp:is_effective_against |
bank runs
|
gptkbp:is_involved_in |
the resolution of failed firms
consumer education about financial risks the compensation process for consumers |
gptkbp:is_part_of |
financial consumer protection framework
UK's financial safety net financial regulatory landscape the UK financial regulatory framework |
gptkbp:is_protected_by |
insurance policyholders
|
gptkbp:is_similar_to |
FDIC in the United States
|
gptkbp:is_subject_to |
regulatory oversight
|
gptkbp:key |
the UK's financial stability framework
|
gptkbp:key_people |
the UK's financial ecosystem
|
gptkbp:members |
the International Association of Deposit Insurers
|
gptkbp:promotes |
consumer confidence in financial services
|
gptkbp:proposed_by |
the Financial Services and Markets Act 2000
|
gptkbp:public_awareness |
supports economic stability.
|
gptkbp:receives_funding_from |
levies on financial services firms
annual contributions from firms |
gptkbp:requires |
a stable financial system
financial services firms in the UK |
gptkbp:safety_features |
financial consumers
|
gptkbp:security_features |
financial mismanagement
|
gptkbp:services |
protects consumers
|
gptkbp:type_of_insurance |
£2 million
|
gptkbp:was_a_response_to |
financial crises
the need for consumer protection |
gptkbp:website |
information and claims
|