FSCS denies compensation on capital-at-risk Lehman products

FSCS finds marketing material adequate and appropriate

About 2,000 investors in Lehman Brothers-backed capital-at-risk structured product plans run by failed firms Arc, NDF Administration and Defined Returns (DRL) will not be able to claim compensation from the UK's Financial Services Compensation Scheme (FSCS).

The FSCS says it is satisfied the relevant marketing materials for the products provided adequate and appropriate warnings that there was a risk to investors' capital if the organisation backing these investment products failed.

It announced

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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