Could someone please help me unravel the facts?
I have an investment in RCI bank. They are French and I am not covered by the U.K. financial compensation scheme, FSCS.
Instead, I am covered by the French equivalent, FGDR.
When Brexit happens, in whatever form, will I still be covered?
If U.K. investors are not covered, will this create a “run” on the bank and therefore a crisis of some sort like after 2008?
TIA