COMP 13.7 Incoming EEA firms

If an incoming EEA firm, which is a BCD credit institution, an IMD insurance intermediary, an IMD reinsurance intermediary or ISD investment firm, is a participant firm, the FSCS must give the firm such discount (if any) as is appropriate on the share of any levy it would otherwise be required to pay, taking account of the nature of the levy and the extent of the compensation coverage provided by the firm's Home State scheme.1