featured, FSCS, UK firms in default
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FSCS has confirmed that the 13 firms below are in default – which means they have gone out of business.
The Financial Services Compensation Scheme (FSCS) publishes its Budget Update which outlines its proposed 2023/24 management expenses.
FCA, featured, FSCS, UK Financial Services Compensation Scheme
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The FSCS provides compensation when certain authorised financial services firms are unable to meet claims against them.
FSCS, UK firms in default
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The UK Financial Services Compensation Scheme (FSCS) confirms that 10 firms were declared in default in October and November 2022.
featured, FSCS, UK Financial Services Compensation Scheme
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FSCS confirms unchanged 2022/23 levy forecast of £625 million and provides early indication of the 2023/24 levy.
Falcon Financial Solutions, FCA, featured, FSCS, Marvell Enterprises
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Following a number of petitions by the FCA, the Court ordered that eight regulated financial services firms be wound up.
FSCS, UK firms in default
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More consumers are in line for compensation, as the FSCS confirms that seven firms were declared in default in August and September.
featured, FSCS, LCF compensation, London Capital & Finance
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On 31 October 2022, FSCS will be closing the LCF compensation scheme that FSCS has been administering on behalf of the government.
FSCS, Tradenext, UK firms in default
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FSCS has confirmed that five firms were declared in default in June and July, which means they are unable to meet any claims themselves.
featured, FSCS, LCF, London Capital & Finance
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FSCS is now preparing to close the LCF compensation scheme that it has been administering on behalf of the government.
