The PRA has issued Policy Statement 25/16: Implementing risk-based levies for the Financial Services Compensation Scheme (FSCS) deposits class (PS25/16).

PS25/16 provides feedback on responses to Consultation Paper 7/16: Implementing risk-based levies for the Financial Services Compensation Scheme deposits class (CP7/16). In CP7/16, the PRA consulted on amendments to the Depositor Protection Part of the PRA Rulebook and a new Statement of Policy relating to the calculation of firm contributors to the FSCS. The changes arise from the requirement in Article 13 of the recast Deposit Guarantee Schemes Directive (DGSD) to adjust firm contributors to DGSs for the degree of risk incurred by each DGS member.

View Policy Statement 25/16: Implementing risk-based levies for the Financial Services Compensation Scheme deposits class, 27 September 2016

View Statement of Policy: Calculating risk-based levies for the Financial Services Compensation Scheme deposits class, 27 September 2016