The Silicon Valley Bank UK Limited Compensation Scheme Order 2025

• Citation: S.I. 2025/83
• Sections: 2

Section 1 Citation, commencement, extent and interpretation

(1) This Order may be cited as the Silicon Valley Bank UK Limited Compensation Scheme Order 2025.

(2) This Order comes into force on the day after the day on which it is made.

(3) This Order extends to the England and Wales, Scotland and Northern Ireland.

(4) In this Order, “ Silicon Valley Bank UK Limited ” means the company incorporated on 3rd April 2020 with the company registered number 12546585.

Section 2 Determination of amount of compensation

The amount of compensation payable by the Treasury to persons who held shares in Silicon Valley Bank UK Limited immediately before those shares were transferred by the Silicon Valley Bank UK Limited Mandatory Reduction and Share Transfer Instrument 2023 is determined as nil.