Financial Services Compensation Scheme and Release: Difference between pages

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''Financial services - regulation - retail depositors - UK.''
1.


(FSCS).
To relinquish an interest or claim to a piece of property.


The UK scheme that guarantees certain bank, building society or credit union depositors' funds - subject to limits - should the bank, building society or credit union fail.


2.


The guaranteed amount in the UK is limited and may vary from one year to the next. For failures from 2017 to 2021, the guaranteed amount in the UK was limited to £85,000.
In relation to information, to make the information available.
 
 
The FSCS is funded by a levy on financial firms authorised and regulated by the UK's Financial Conduct Authority and the Prudential Regulation Authority.
 
 
 
Similar deposit guarantee schemes operate in the majority of developed economies, under different names and with differing conditions and degrees of formality.




==See also==
==See also==
* [[BIP]]
*[[Disclosure]]
* [[Credit union]]
* [[Deposit Guarantee Scheme]]
* [[Deposit insurance]]
* [[DGSD]]
* [[Financial Conduct Authority]]
* [[International Association of Deposit Insurers]]
* [[Levy]]
* [[Prudential Regulation Authority]]
* [[Regulation]]
* [[Retail]]
* [[Stability]]
 
 
==External link==
 
* [https://www.fscs.org.uk/ FSCS website]
 
[[Category:The_business_context]]
[[Category:Financial_risk_management]]

Revision as of 12:30, 13 May 2016

1.

To relinquish an interest or claim to a piece of property.


2.

In relation to information, to make the information available.


See also