FDIC will apply lower deposit limits to products in circulation

FDIC is currently awaiting a decision from congress

The US Federal Deposit Insurance Corporation (FDIC) says it will apply any change in the deposit coverage amounts to investments already in circulation beyond 31 December 2013, which could have a knock-on effect on the deposit-based structured products industry in the US.

An FDIC spokesperson says the agency is awaiting a decision from the US Congress on whether or not the change to a higher limit, of US$250,000, is extended beyond the 31 December 2013 extension and made permanent as part of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: