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United Kingdom · Question · Written question

UIN 82429

Financial Services Compensation Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

28 August 2020

Last action

8 September 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

8 September 2020

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the proposal by the Personal Finance Society that compensation awarded by the Financial Services Compensation Scheme be partly funded by a levy on

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Timeline

  1. 28 August 2020

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the proposal by the Personal Finance Society that compensation awarded by the Financial Services Compensation Scheme be partly funded by a levy on

    Source: Commons

  2. 8 September 2020

    Answer

    The Government does not have a role in setting the Financial Services Compensation Scheme (FSCS) levy. The FSCS is an independent non-governmental body which carries out its compensation function within rules set by the Financial Conduct Authority (FCA) a...

    Source: Written answer

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