What is the maximum amount Owen may recover from the Investor Compensation Scheme for his €35,000 investment?

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Multiple Choice

What is the maximum amount Owen may recover from the Investor Compensation Scheme for his €35,000 investment?

Explanation:
The Investor Compensation Scheme protects investors up to a fixed limit per investor per firm. In this regime, that cap is €20,000. So, even though Owen invested €35,000, the maximum the scheme can pay him is €20,000—the remaining €15,000 would not be covered by this scheme. If Owen had investments with multiple firms, each firm could provide up to €20,000, but the coverage is per firm, not across all investments.

The Investor Compensation Scheme protects investors up to a fixed limit per investor per firm. In this regime, that cap is €20,000. So, even though Owen invested €35,000, the maximum the scheme can pay him is €20,000—the remaining €15,000 would not be covered by this scheme. If Owen had investments with multiple firms, each firm could provide up to €20,000, but the coverage is per firm, not across all investments.

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