Further update for customers of Worldspreads Ltd

30th March 2012

The Financial Services Compensation Scheme (FSCS) is currently working with the Joint Special Administrators to determine the best process for ensuring eligible customers of Worldspreads Ltd receive compensation quickly.

FSCS is aware that the Joint Special Administrators will be making statements available to clients for them to agree their balances. FSCS will only use agreed balances to determine compensation amounts, and will work with the Joint Special Administrators to obtain this information as quickly as possible.

We will provide a further update shortly to outline the process we will use. There is no need to contact FSCS at this time, as we will contact you separately regarding your claim.