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Depositor Compensation Scheme (DCS) product hierarchy policy
We are engaging with the deposit taking sector on our proposed Depositor Compensation Scheme (DCS) product hierarchy policy. This policy will determine the order in which deposit products (or types of accounts) will be paid out under a DCS payout event or in the case of a DCS contribution to resolution of a deposit taker. Following feedback, we intend to publish a finalised product hierarchy policy document by June 2025. How to have your say Email... MoreCloses today
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