# The Deposit Guarantee Scheme Regulations 2015, Regulation 5: Notification to the scheme manager of problems with a compensation scheme member


The PRA must notify the scheme manager in writing as soon as reasonably practicable if the PRA becomes aware that a compensation scheme member has financial difficulties which are likely to require the intervention of the scheme manager under compensation scheme rules in respect of eligible deposits .

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Source: https://www.legislation.gov.uk/uksi/2015/486/regulation/5 (the official version)
Page: https://openlegislation.uk/deposit-guarantee-scheme-regulations-2015/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.