Views sought on protecting savers in Jersey

Views are being sought from people in Jersey on issues relating to the protection of the island’s savers.

The States has prepared a consultation paper, which includes the recently introduced Depositor Compensation Scheme (DCS).

Issues include the DCS administration costs and whether depositors’ claims should have priority over those of other creditors in a bank insolvency.

The response deadline for individuals and businesses is Friday 2 July.

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