If your claim is accepted by us, we will pay 90% of the net loss subject to a maximum of € 20,000.
Some examples:
- Situation 1
A client has paid a licensed investment firm €16,000 to invest in a bond. The bond was never purchased, and the investment firm goes insolvent. The client will be entitled to compensation of €14,400 (90% of €16,000).
- Situation 2
A client has given a licensed investment firm €35,000 to invest in a collective investment scheme. The units were never purchased, and the investment firm goes insolvent. The client will be entitled to compensation of €20,000. This is the maximum limit payable by the Scheme.
- Situation 3
A client has given a licensed investment firm €23,000 to purchase shares in a UK company. The shares were bought and a contract note evidencing the transaction was issued. The value of the shares fell 50%. The client will not be entitled to compensation.
Assignment of rights
To receive compensation you will be required to sign some statements including a subrogation in favour of the Scheme. This subrogation gives us the right to recover the amounts which we have paid you, in the event that the failed intermediary has any money or assets left. A subrogation will also enable us to claim back money from other persons who may be responsible for your losses.
Jekk il-klejm tieghek tintlaqa’ minna, ahna nhallsu 90% tat-telf nett suggett ghal massimu ta’ €20,000.
Xi ezempji:
- Sitwazzjoni 1
Klijent ghadda €16,000 lil ditta ta’ investimenti licenzjata biex tinvestihom f’bond. Il-bond qatt ma nxtrat, u d-ditta ta’ investimenti falliet. Il-klijent ikollu dritt ghal kumpens ta’ €14,400 (90% ta’ €16,000).
- Sitwazzjoni 2
Klijent ghadda €35,000 lil ditta ta’ investimenti licenzjata biex tinvestihom fi skema ta’ investiment kollettiv. Il-units qatt ma nxtraw, u d-ditta ta’ investimenti falliet. Il-klijent ikollu dritt ghal kumpens ta’ €20,000. Dan hu l-limitu massimu li jista’ jithallas mill-Iskema.
- Sitwazzjoni 3
Klijent ghadda €23,000 lil ditta ta’ investimenti licenzjata biex tixtri ishma f’kumpanija fir-Renju Unit. L-ishma nxtraw u nharget nota kuntrattwali li tixhed it-transazzjoni. Il-valur ta’ l-ishma nizel b’50%. Il-klijent ma jkollux dritt ghal kumpens.
Assenjament ta’ drittijiet
Biex tircievi kumpens int tkun mitlub tiffirma xi dikjarazzjonijiet, inkluza surroga favur l-Iskema. Din is-surroga taghtina d-dritt li nirkupaw l-ammonti li ahna nkunu hallasniek fil-kaz li l-intermedjarju fallut ikun baqaghlu xi flus jew assi. Surroga taghmilha possibbli wkoll li ahna nitolbu lura flus minn persuni ohrajn li jistghu jkunu responsabbli ghat-telf tieghek.