NDF investors who are disputing the FSCS's ruling they are ineligible to claim compensation are still awaiting the forms to make their case.
The FSCS told the 2,000 investors in the structured product provider's Lehman-backed Capital-at-Risk products on 30 September that they would not automatically qualify for compensation. But it said investors wishing to submit a claim for any specific other reason could do so by e-mailing the Scheme to request an application form. However, the FSCS has yet to send out the forms, and says it "hopes to do so this week". Some investors had reportedly been told by the FSCS there was a five week wait for compensation forms. In one unconfirmed report, an investor was told the delay was...
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