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Home | FSCS deposit limit raised to £85,000

FSCS deposit limit raised to £85,000

  • December 18, 2010
  • The Financial Services Authority (FSA) has confirmed that the Financial Services Compensation Scheme’s (FSCS) deposit limit will increase from £50,000 to £85,000 per person, per authorised firm, from 31st December 2010. The change brings the UK into line with the €100,000 deposit compensation limit which comes into force in all European Economic Area (EEA) member [...]

  • Read more at:http://www.bankingtimes.co.uk/2010/12/18/fscs-limit-raised-to-85000/
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