Government Protections

Government protection of assets in financial institutions varies around the world. In the US, the FDIC (Federal Deposit Insurance Corporation) has provided deposit insurance on bank accounts since 1934. Since then deposits in member banks have remained safe. In the UK, the FSCS (Financial Services Compensation Scheme) provides similar protection … Keep Reading → to accounts in its member banks. Across the EU, the EU Deposit Guarantee Schemes Directive provides deposit protection as well. Learn more about government protection of funds in this Hub.

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