Deposit Protection Scheme (Representation on Scheme Membership and Protection of Financial Products under Scheme) Rules
(the "Representation Rules")
The Representation Rules govern the representations that should be made by Scheme members regarding their membership and the protection status of their financial products. They are made under section 51(1)(d) and (2) of the DPS Ordinance
. The objective of the Representation Rules is to assist members of the public to distinguish between DPS protected and non-DPS protected financial products, so that they can make an informed decision in selecting financial products suitable for them.
Deposit Protection Scheme (Payment of Contributions, Late Payment Fees and Rebates) Rules
(the "Contribution Rules")
The Contribution Rules prescribe the manner in which Scheme members should pay contributions or late payment fees to the Board, as well as the manner in which the Board should pay rebates of contribution to Scheme members. They are made under section 51(c) of the DPS Ordinance
Guidance on these rules is provided here