Cabinet paper

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

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

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