The Financial Services Compensation Scheme is responsible for setting its levies subject to upper limits set in rules made by the Financial Services Authority (FSA). The FSA has published on its website:
www.fsa.gov.uk
a letter sent to the British Bankers’ Association, the Building Societies Association and the Association of Foreign Banks on 31 December 2008 setting out some detailed information regarding the levies payable following recent deposit-taker defaults.