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By Lawyers Announcement
Client account protection

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As practitioners may be aware, the Financial Services Compensation Scheme increased the length of time that temporary high balances were protected in bank accounts from 6 months to 12 at the start of the coronavirus pandemic. This protection has been reduced to 6 months again from 1 February 2021. The Practice Management guide has been amended accordingly.
Date
12/02/2021
Update
Client account protection
Region
UK
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By Lawyers Announcement: Client account protection