FSC
DCS Scheme Manager Correspondence to Edwin Coe 09/06/2009
Dear Mr Greene,
Thank you for your email.
Regulation 16 of the Compensation of Depositors Regulations 2008 (as amended) (for link see – www.dcs.iom/Regulation.pdf ) provides as follows:-
IOM Companies Act 1931 Amended April 2004
Please see X for reference to Scheme of Arrangement as a 'compromise agreement'
Letters between the FSC and the FSA regarding large deposit
Attached: Also available from TSC web site with pages in the right order ;-)
MoU between the FSA and the FSC -Sept 2003
The MoU is attached below.
A copy of the last assessment report (final page, item 12) has been requested.
EMAIL TO MICHAEL WELDON FSC, cc JOHN ASPDEN 01/02/2009
Dear Sirs
I am a member of the KSFIOM Depositors Action Group and have been since Oct 2008. Up until now I have tried to give the IOM and various Authorities there the benefit of my doubt – unfortunately this has now stopped.