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Wed 15 May 2024
9.00am - 10.00am
In this session, experts from our EU and UK financial services regulatory practice will discuss legislative and policy developments relating to their respective depositor protection regimes. In the EU, the crisis management and deposit insurance package continues through the political process and recent proposals on a liquidity only European Deposit Insurance Scheme are under discussion. Meanwhile in the UK, the PRA updated its rules concerning depositor protection in July 2023 but the Bank of England’s work on improving depositor outcomes and the role of the FSCS in resolution continues. The FCA’s review of the compensation framework within which the Financial Services Compensation Scheme operates also remains open.
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