Termination of the fund established in relation to the default of Bank of Credit and Commerce International S.A. (“the Fund”)

Isle of Man Depositors’ Compensation Scheme (in relation to the Banking Business (Compensation of Depositors) Regulations 1991, and the Depositors’ Compensation Schemes (Miscellaneous Provisions) Regulations 2014)

Termination of the fund established in relation to the default of Bank of Credit and Commerce International S.A. (“the Fund”)

In accordance with the provisions contained in the Depositors’ Compensation Schemes (Miscellaneous Provisions) Regulations 2014, on 26 February 2015 the Financial Supervision Commission, as Scheme Manager of the Fund, resolved to terminate the Fund forthwith.

Any future enquiries relating to the Fund should be sent to:

Mr Andrew Kermode
Financial Supervision Commission
PO Box 58
Finch Hill House
Bucks Road
DOUGLAS
Isle of Man IM99 1DT

Tel: +44 (0)1624 689320

Email: andrew.kermode@fsc.gov.im