Levies for specified deposit-taker defaults (June 2017)

For full details of how interest is calculated for FSCS levies for specified deposit-taker defaults click here

The document sets out information relevant to the estimates concerning the 2008/09 banking defaults, including an explanation of how the levy is calculated. 

Our latest update (12 June 2017) sets out the effect of recent developments, including the Bradford & Bingley sale of mortgage assets. 


The FCA

The Financial Conduct Authority website includes a searchable database of all firms authorised and regulated by the FCA and the Prudential Regulation Authority (PRA).

The FOS

The Financial Ombudsman Service is the official independent expert in settling complaints between consumers and financial businesses

Jargon Buster

  • Deposit-taker

    an organisation which accepts deposits, for example a bank or building society.