Transcription of FSCS Exemption Notice - FCA
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FSCS Exemption Notice - FCA
Financial Conduct Authority 1 Financial Services Compensation Scheme Reporting data for FSCS levies and Exemption from levies You may find the following information helpful before you report data for the Financial Services Compensation Scheme levies or notifying us that you qualify for an Exemption . What is the Financial Services Compensation Scheme (FSCS)? The Financial Services Compensation Scheme (FSCS) is the UK s statutory compensation scheme of last resort and pays claims against firms where they are unable, or likely to be unable, to pay claims against them. In general, this is when a firm is insolvent. The FSCS can compensate consumers and some smaller businesses of authorised financial services firms under the Act (or any participating EEA firm) and covers deposits, insurance policies, insurance broking, investment business, mortgage advice and arranging, and debt management business.
Financial Services Compensation Scheme Guidance Notes/FAQ’s Exemption Notice FSCS exemption FCA fees helpline – 0845 606 9966 Email – feetariffreturns@fca.org.uk Page 1 of 2 • What is the FSCS? The Financial Services Compensation Scheme (FSCS) covers claims against firms where they are
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