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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Depository compensation scheme (FOI)

Depository compensation scheme (FOI)

Produced by the Freedom of Information office
Authored by Government of Jersey and published on 26 July 2021.
Prepared internally, no external costs.

Request

What is the total of Government funds paid out to support claims by the Depositors Compensation Scheme since its inception?

Response

There have been no claims by the Depositors Compensation Scheme (“the Scheme”) since its inception.

No Government funds have been paid to the Scheme; the operational costs of administration are funded by a levy on regulated banks registered in Jersey.

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