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The Full Handbook
Full Handbook / COMP

Compensation  (COMP)

the rules governing eligibility under, and levies for, the Financial Services Compensation Scheme

Reference codeTitle
COMP INTRO

Introduction

COMP 1

Introduction and Overview

COMP 2

The FSCS

COMP 3

The qualifying conditions for compensation

COMP 4

Eligible claimants

COMP 5

Protected claims

COMP 6

Relevant persons in default

COMP 7

Assignment of rights

COMP 8

Rejection of application and withdrawal of offer

COMP 9

Time limits on payment and postponing payment

COMP 10

Limits on the amount of compensation payable

COMP 11

Payment of compensation

COMP 12

Calculating compensation

COMP 13

Funding

COMP 14

Participation by EEA Firms

COMP 15

Deposit payout8

COMP 16

Disclosure requirements for firms that accept deposits

COMP 17

Systems and information requirements for firms that accept deposits

COMP transchedule

Transitional Provisions and Schedules