Prudential Regulation Authority Rulebook

11.1

A firm must mark eligible deposits in a way that allows for the immediate identification of such deposits.

[Note: Art. 5(4) of the DGSD]

11.2

A firm must mark accounts (including client accounts and trust accounts) which are held on behalf of beneficiaries and which contain or may contain eligible deposits in a way that allows immediate identification of such accounts.

[Note: Art 5(4) and 7(3) of the DGSD]

11.3

A firm must be able to provide the FSCS with the aggregated amount of eligible deposits of every depositor.

11.4

Upon receipt of a request by the FSCS, a firm must provide the information in 11.3 to the FSCS.

[Note: Art 7(6) of the DGSD]

11.5

A firm must be able to provide the FSCS with all information necessary to enable the FSCS to prepare for the payment of compensation in accordance with this Part.

[Note: Art 4(8) and 8(6) of the DGSD]

11.6

Upon receipt of a request by the FSCS, a firm must provide the information in 11.5 so as to enable the FSCS to prepare for and pay compensation in accordance with this Part.

[Note: Art 4(8) and 8(6) of the DGSD]

11.7

A firm must take reasonable steps to ensure the accuracy of the data it holds to satisfy the requirements of this Chapter.

11.8

The information required by 11.1 and 11.2 must be electronically stored.