Written Statement·Commons·HM Treasury·HCWS86

The Financial Services Compensation Scheme deposit protection limit

6 July 2015

Dame Harriett Baldwin

The Economic Secretary to the Treasury

Conservative

Statement

The level of protection offered by the Financial Services Compensation Scheme (FSCS) is changing. The statutory level of deposit protection is set by the European Deposit Guarantee Schemes Directive (DGSD), which was updated last year. It requires that al...