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Proposed Expansion Of The Dormant Assets Scheme Original Banner

Reflecting On The Expansion Of The Dormant Assets Scheme

Monday, 26 October 2020

The Government’s consultation on the proposed expansion of the Dormant Assets Scheme across multiple asset types within the financial services industry closed on 16 July 2020.

At a recent webinar, key industry leaders discussed and shared their experiences of the existing scheme, their thoughts on the proposed expansion and next steps.

  • Steve Banfield – Equiniti
  • Adrian Smith –  Reclaim Fund
  • Anne-Marie Robinson – Reclaim Fund
  • Esme Clifford Astbury – Department for Digital, Culture, Media & Sport

Background to the current scheme was detailed. Insights were shared re the good causes the scheme supports. Key highlights were some of the key questions impacting the securities industry. The discussion addressed the proposed scope of assets and examined the current and future definition of dormancy, to help individuals respond to the consultation, which has now closed.