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Main Features of the DPS

The DPS in Hong Kong has the following main features:
  • all licensed banks, unless otherwise exempted by the Board, are required to participate in the DPS as Scheme members;
  • restricted licence banks and deposit-taking companies are not members of the DPS;
  • the compensation limit is set at HK$500,000 per depositor per Scheme member;
  • secured deposits are protected;
  • Hong Kong dollar, Renminbi and foreign currency deposits are protected;
  • a DPS Fund with a target fund size of 0.25% of the total amount of relevant deposits will be built up through the collection of contributions from Scheme members; and
  • differential contributions will be assessed based on the supervisory ratings of individual Scheme members.


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