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Recast Depositor Compensation Scheme Date: 9th March 2016 (Wednesday) Time: 8.30am 12.30pm Venue: Casey Leon, Piazza Robert Summit, Florian *Event is accredited with 3.5 Hours of structured CPE qualifying
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What is recast depositor compensation scheme?
The recast depositor compensation scheme is a regulatory framework designed to protect depositors in case a bank or financial institution becomes insolvent.
Who is required to file recast depositor compensation scheme?
Financial institutions are required to file the recast depositor compensation scheme.
How to fill out recast depositor compensation scheme?
The recast depositor compensation scheme can be filled out online through the designated regulatory authority's portal.
What is the purpose of recast depositor compensation scheme?
The purpose of the recast depositor compensation scheme is to ensure that depositors are compensated up to a certain limit in case of a bank failure.
What information must be reported on recast depositor compensation scheme?
The recast depositor compensation scheme requires information on the bank's financial status, depositors' details, and the amount of compensation to be paid.
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