Transitional Provisions – Application of COMP | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Depositor Protection

Chapter

Transitional Provisions – Application of COMP

Printed on: 09/07/2025

Rulebook at: 01/12/2016


53

Transitional Provisions – Application of COMP

53.1

In this Chapter the following definitions shall apply:

COMP

means the Compensation Sourcebook of the PRA Handbook in force immediately before 3 July 2015

relevant person

has the definition in the Glossary in force immediately before 3 July 2015

in default

has the definition in the Glossary in force immediately before 3 July 2015

protected deposit

has the definition in the Glossary in force immediately before 3 July 2015

claim

has the definition in the Glossary in force immediately before 3 July 2015

  • 03/07/2015

53.2

The rules in COMP continue to apply to the FSCS in relation to a protected deposit claim in respect of a relevant person in default before 3 July 2015.

  • 03/07/2015