Financial Services Ombudsman and Deposit Protection Consultation Documents
15th February 2002
Interested parties are being invited to comment on a consultation document issued by the Commission which recommends the establishment of a deposit protection scheme in Guernsey. Currently, depositors in Guernsey do not have access to such a scheme and, in the event of the failure of a licensed Guernsey bank, they are exposed to the potential loss of their deposits. The introduction of a scheme...