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You are viewing the version of the document as on 2024-05-31.

Timeline guidance

COMP 12.3 Quantification date

Protected investment business

COMP 12.3.5R

For a claim made in connection with protected investment business which is not an ICD claim, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of the determination of default.

COMP 12.3.6R

For a claim made in connection with protected investment business which is an ICD claim, the quantification date is the date the relevant person, or, where applicable, a successor,5 is determined to be in default.

Protected home finance mediation3

COMP 12.3.7R

21For a claim made in connection with protected home finance mediation3, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.

3

2Protected non-investment insurance distribution

COMP 12.3.8R

2For a claim made in connection with protected non-investment insurance distribution7, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.

Protected debt management business

COMP 12.3.9R

6For a claim made in connection with protected debt management business, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.

Protected funeral plan business

COMP 12.3.10R

8For a claim made in connection with protected funeral plan business, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.