Mr Michael Simpson (formerly Mr Michael Simpson and Mr Peter Spratt) is licensed in the capacity as joint liquidators and joint deemed official receivers of Kaupthing Singer & Friedlander (Isle of Man) Limited (in liquidation) and are not licensed to accept any new deposits.
Mr Michael Simpson participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. Mr Michael Simpson is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.
Mr Michael Simpson is headquartered in Douglas.