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  1. Point in time
    2020-11-27

COMP 11.1 Application and Purpose

Application

COMP 11.1.1R

This chapter applies to the FSCS.

COMP 11.1.2G

It is also relevant to claimants.

Purpose

COMP 11.1.3G

The FSCS will usually pay compensation direct to the claimant, but in certain circumstances it may be appropriate for the FSCS to pay compensation to someone other than the claimant, or to make reduced or interim payments. The purpose of this chapter is to set out when those circumstances arise.