COMP 12A.4 Foreign law
In applying COMP to claims arising out of business done with a branch or establishment of the relevant person outside the United Kingdom, the FSCS must interpret references to:
- (1)
persons entitled as personal representatives, trustees, bare trustees or agents, operators of pension schemes or persons carrying on the regulated activity of winding up pension schemes; or
- (2)
persons having a joint beneficial claim or carrying on business in partnership;
as references to persons entitled, under the law of the relevant country or territory, in a capacity appearing to the FSCS to correspond as nearly as may be to that capacity.
[Note: this rule derives from a provision previously in COMP 12.6]