Written Question·Treasury·UIN HL1950
Financial Services Compensation Scheme
Tabled: 13 July 2026
Answered: 17 July 2026
Question
To ask His Majesty's Government whether the Financial Services Compensation Scheme is underwritten by any public body or Government department.
Answer
The Financial Services Compensation Scheme (FSCS) funds its compensation costs through levies on the financial services sector and recoveries against firms that have failed. As FSCS levies industry following payment of compensation or securing continuity ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN HL1950) →