Tackling FSCS / EU DGS

Who is impacted by the changes?

If you are a wholesale bank and thought that the Financial Services Compensation Scheme (FSCS) - also known as the European Union Deposit Guarantee Scheme - is only for retail banks then you need to think again. This is one of the several areas where this regulation has changed and MPI can help you understand why things have changed. We can also help you to implement the solution you need more effectively

What do firms need to do and when?

  • Demanding timescales - particularly for Continuity of Access which is due by December 2016
  • Increased Scope to include wholesale banks
  • Considerable complexity in the detail
  • Not only this, there have been a number of changes that have caused confusion to what is already a challenging regulatory reporting project that needs to be implemented

    MPI Europe have partnered to provide an FSCS solution

    Working with partners, MPI can offer a solution to accelerate your FSCS implementation. It provides a rapid to implement practical solution based on proven tools and techniques with analysis and experience from active FSCS projects. It can be implemented quickly and effectively so no need for delay.

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