United Kingdom · Question · Written question
UIN 187266
Financial Services Compensation Scheme: Compensation
Introduced
26 April 2021
Last action
29 April 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
29 April 2021
Summary
To ask the Chancellor of the Exchequer, with reference to the announcement of a compensation scheme for London and Capital Finance bond holders of 19 April 2021, whether his Department has considered paying similar compensation to the Financial Services C
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Timeline
26 April 2021
Written question
To ask the Chancellor of the Exchequer, with reference to the announcement of a compensation scheme for London and Capital Finance bond holders of 19 April 2021, whether his Department has considered paying similar compensation to the Financial Services C
Source: Commons
29 April 2021
Answer
Following an extensive investigation, the Financial Services Compensation Scheme (FSCS) found that certain London Capital and Finance (LCF) bondholders were eligible for FSCS compensation. The FSCS has now paid out £57.6m to over 2,800 LCF bondholders, an...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-04-26/187266
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1312086
- uk · wq-1312086 · source updated 29 April 2021