Protection and Technology
News on FSCS protection and the impact of technology.
Recovering compensation costs and tackling the root causes of consumer harm
11 May 2023
In a recent article published in the British Insurance Brokers Association (BIBA) Compliance Rules newsletter, our Chief Counsel James Darbyshire talks about the work that FSCS does to recover compensation costs and tackle the root causes of consumer harm.
Wider Implications Framework annual report for 2022 published
19 April 2023
The financial services regulatory family re-launched the Wider Implications framework in 2022, to achieve better outcomes for consumers, firms and the industry as a whole, through building on existing collaborative work. Its annual report was published today, 19 April 2023.
Crypto assets - wild west finance or a force for good?
20 December 2022
In this extract from a recent article, FSCS’ Chief Data, Intelligence and Technology Officer, Sabah Carter looks at the debate going on in the crypto space, which has intensified in recent weeks.
Going green: protecting your money from greenwashing
31 October 2022
FSCS Chief Counsel, James Darbyshire, and Senior Lawyer, Emma Brown, reflect on the growing interest in ESG Funds and “green” investments and the emerging risks of “greenwashing” to consumers.
What if my bank just exists online?
17 September 2020
FSCS protects your money held in all authorised UK banks, even if they don't have any branches. Our protection applies no matter what type of bank you choose.
Ask these key questions to make sure your money is protected
04 September 2020
Arm yourself with these essential questions to ask your provider so you know what FSCS protection is available before you choose a financial product or service.
If your bank fails...
10 June 2020
FSCS protects up to £120,000 of your money. Emma McAllister explains how this works in practice.
FSCS allocation of claims regarding IFAs and SIPP operators
06 March 2020
When customers suffer losses as a result of failed investments made via a SIPP, there are often a number of different firms which may be liable for some or all of those losses.