Cabinet paper

Cabinet Paper DEV-23-SUB-0138: Approval to release two Consultation Papers on Funding the Depositor Compensation Scheme

Formats and related files

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 : "Cabinet Paper DEV-23-SUB-0138: Approval to release two Consultation Papers on Funding the Depositor Compensation Scheme" as a reference.

Approval to Release Two Consultation Papers on Funding the Depositor Compensation Scheme#

Proposal

1. This paper seeks approval to release the two attached consultation papers for an eight-week public consultation period as part of funding of the proposed Depositor Compensation Scheme, to be established by the Deposit Takers Act 2023:

1.1 Statement of Funding Approach – Funding Strategy for the Depositor Compensation Scheme consultation paper

1.2 Levy Framework for the Depositor Compensation Scheme consultation paper

[Extract ends]