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COMP 14.3 Co-operation between the FSCS and Home State compensation schemes

COMP 14.3.1R

Where an incoming EEA firm obtains top-up cover under COMP 14.2, the FSCS must co-operate with that firm's Home State compensation scheme. In particular, the FSCS must2 seek to establish with that firm's Home State compensation scheme appropriate procedures for the payment of compensation to claimants, following the principles set out in Annex II of the Deposit Guarantee Directive1 or Annex II of the Investor Compensation Directive,1 as appropriate.


[Note: article 4(5) of the Deposit Guarantee Directive]