Tag Archives: FSCS

PRA and FCA consult on FSCS MELL for 2019/20

On 31 January 2019, the PRA and FCA jointly published Consultation Paper 19/9 (CP19/9) on the 2019/20 management expenses levy limit (MELL) for the financial services compensation scheme (FSCS). Under Section 223(1) of the Financial Services and Markets Act 2000, … Continue reading

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PRA Policy Statement on FSCS management expenses levy limit 2018/19

On 29 March 2018, the PRA published Policy Statement 5/18: Financial Services Compensation Scheme – Management Expenses Levy Limit 2018/19 (PS5/18). The Financial Services Compensation Scheme (FSCS) is the compensation fund of last resort for customers of failed authorised financial … Continue reading

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