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Find the latest news and information on compensation scheme from ComputerWeekly.com and the web.

All ResultsResults from Computer Weekly - COMPENSATION SCHEME

Online bank runs deepen financial sector’s problems
...arrangements, if a bank goes bankrupt £50,000 of customers' money is guaranteed through the Financial Services Compensation Scheme, in the UK. This was recently increased from £35,000 in an attempt to reassure customers and reduce the... http://www.computerweekly.com/Articles/2008/10/13/232631/online-bank-runs-deepen-financial-sectors-problems.htm
£1bn for single customer view could be money well spent for banks
...of the institution failing, to ensure savers receive their money within seven days from the Financial Services Compensation Scheme (FSCS). Achieving this depth of knowledge about individual customers will cost in the region of £892m, according... http://www.computerweekly.com/Articles/2009/01/13/234173/1631bn-for-single-customer-view-could-be-money-well-spent-for.htm
Driving business value from compliance
...legislation does not look likely to abate for some time. From the Financial Services Authority's Financial Services Compensation Scheme to updates to the EU Data Retention Directive, the need to proactively address potential compliance issues before... http://www.computerweekly.com/Articles/2009/02/16/234846/Driving-business-value-from-compliance.htm
FSA urges UK banks to make £1bn IT investment
...proposals to strengthen the Financial Services Compensation Scheme, which insures customers savings up to £50...customers that are entitled to payouts under the compensation scheme. The FSA has proposed that banks should implement... http://www.computerweekly.com/Articles/2009/01/08/234121/fsa-urges-uk-banks-to-make-1bn-it-investment.htm
The Land Registry in security scare
...services, promised the victims of fraud need not worry. "If someone is a victim of fraud, we have a comprehensive compensation scheme in place to put things right," he said. However, following the newspaper story, the Land Registry has agreed... http://www.computerweekly.com/Articles/2007/11/05/227936/the-land-registry-in-security-scare.htm
HSBC Y2K court threat
...threatening to sue the bank unless it agrees a voluntary compensation scheme for thousands of small retailers hit by the problem...written to the bank urging it to set up a voluntary compensation scheme for retailers that lost business, wasted management... http://www.computerweekly.com/Articles/2000/01/27/175955/hsbc-y2k-court-threat.htm
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All ResultsNews and blogs from the web - COMPENSATION SCHEME

Finextra: FSA fast payout rules signal data management challenge for banks
...ensure fast payouts under the Financial Services Compensation Scheme. The SCV proposals - which come with...provision of sample data to the Financial Services Compensation Scheme," says the FSA. The rule changes will... http://www.finextra.com/fullstory.asp?id=20709
FSA: 1bn needed to fix financial IT
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Dell hosts second Partner Advisory Council in Europe
“E-bay for savers”: Europe’s first and largest online interest rate auction house for time deposits launches in the UK as licuro.com
MPs slam Government's 'shabby' response on Equitable Life
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All ResultsOther content from the web - COMPENSATION SCHEME

Equitable Life policyholders claim court victory
...Government’s discretionary compensation scheme for policyholders, the court...Government set up an independent compensation scheme to assess individual policyholder...recommendation for a comprehensive compensation scheme. It also claimed that the... http://www.out-law.com//default.aspx?page=10465
No compensation scheme for tax credit chaos
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The Income Protection Task Force
“E-bay for savers”: Europe’s first and largest online interest rate auction house for time deposits launches in the UK as licuro.com
[Abstract] A Novel Compensation Scheme for I/Q Mismatch in OFDM low-IF Receiver
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