FSA changes compensation rules for mutual societies that merge | Practical Law

FSA changes compensation rules for mutual societies that merge | Practical Law

On 21 January 2009, the FSA published a statement announcing that it has introduced an amendment to the Compensation sourcebook (COMP) that relates to mergers of mutual societies.

FSA changes compensation rules for mutual societies that merge

Practical Law UK Legal Update 4-384-7452 (Approx. 2 pages)

FSA changes compensation rules for mutual societies that merge

by PLC Financial Services
Published on 21 Jan 2009United Kingdom
On 21 January 2009, the FSA published a statement announcing that it has introduced an amendment to the Compensation sourcebook (COMP) that relates to mergers of mutual societies.