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CP-2.4.1

Upon the Board following the compensation process in accordance with Article 4 of the Regulation, the Board calculates the total amount of compensation payable thereunder to each Eligible DepositorG of the defaulting bank. The total amount of compensation payable shall be remitted to the Bank(s) designated by the Board to act as a Lead Mandated Bank and/ or Mandated Bank(s) for processing compensation payments to Eligible DepositorsG of the defaulting bank.

October 2012
 Versions
(1 Version)
 
Oct 1 2012 onwards
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