#12 Mini-pod: What does FSCS mean when it declares a firm ‘in default’?
'In default' is a classic FSCS term that’s often used but rarely understood. If you’ve heard it and wondered what it means, listen to this mini-pod to find out.
Transcript of episode 12
Read the transcript of episode 12 here (PDF 50KB).
The content of any discussions shouldn't be taken as an indication of future FSCS policy positions. The views expressed by guest speakers are their own and don't reflect the views of FSCS.