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Consultation on options for change to the Depositors’ Compensation Scheme 6 March 2008

Following initial research, including meetings held with representatives of the Isle of Man Bankers Association, and the receipt of detailed depositor data from banking licenceholders, the Commission has today issued a consultation on options for change to the Depositors’ Compensation Scheme. This document may be found at:

http://www.gov.im/lib/docs/fsc/Consultative/consultationtobanks6308final.pdf

Comments are invited from all banking licenceholders and other interested parties by 31st March 2008.

Please direct all responses and enquiries to:

Mrs Susan Woolard
Adviser - Policy & Legal Division
Direct line: (01624) 689333
E-mail: susan.woolard@fsc.gov.im

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