Proper noun
FSCS
(UK, finance) Initialism of Financial Services Compensation Scheme.
Spread your payments to be safe – 96% of UK savings accounts are protected by the FSCS (Financial Services Compensation Scheme) up to the amount of £85,000 per account (£170,000 per joint account). Source: Internet
The Financial Services Compensation Scheme (FSCS) protects your money up to £85,000 for all banks, building societies and credit unions that are authorised by the Prudential Regulation Authority and the Financial Conduct Authority (FCA). Source: Internet
The move by Vistara comes as carriers — both LCCs and FSCs — are trying to find new ways to generate some much-needed cash as operating costs are spiralling up and airlines are unable to hike fares accordingly due to stiff competition. Source: Internet
The exporters can then exempt between 15 and 30 percent of their export income from taxes by routing products through these entities, called Foreign Sales Corporations (FSCs). Source: Internet