Accessible version
Only the Proposal section of this Cabinet paper is extracted below in HTML. If you require a full accessible version please contact [email protected] and cite CBC-24-SUB-0027 as a reference.
Cabinet Paper CBC-24-SUB-0027: Approval to Release Second Stage Consultation Paper on Funding the Depositor Compensation Scheme#
Proposal
1 This paper seeks agreement to the target fund approach for the Depositor Compensation Scheme (DCS) fund; and approval to release the attached second stage consultation paper for a four-week consultation period as part of funding of the DCS, being established by the Deposit Takers Act 2023 (the Act) titled Statement of Funding Approach – Funding Strategy for the Depositor Scheme second stage consultation paper.
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