CP13/11 – Financial Services Compensation Scheme – unincorporated associations and partnerships

The Financial Conduct Authority (FCA) has released a consultation paper proposing that all unincorporated associations and certain large partnerships will become eligible to claim on the Financial Services Compensation Scheme (FSCS) if an investment firm fails. The consultation seeks to ensure that rules properly implement the Investor Compensation Schemes Directive (ICSD).

Originally Published: 
03/10/2013