---
title: "The Silicon Valley Bank UK Limited Compensation Scheme Order 2025"
id: 7f85564e-eb65-4c3b-9caf-8e57394fd993
authority: uk
place: "United Kingdom"
applies_also_from: []
kind: regulation
in_force: true
publisher_url: https://www.legislation.gov.uk/uksi/2025/83
attribution: "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
solon_url: https://solon.orangecat.ch/law/7f85564e-eb65-4c3b-9caf-8e57394fd993
language: en
in_force_from: 2025-01-28
date_basis: publisher
status: consolidated
source_url: https://www.legislation.gov.uk/uksi/2025/83/data.xml
read_on: 2026-11-10
sha256: 5d708bff7f36723fb3affd76d5a7d168565fbc73a93b6358311df952a362dcf1
provisions: 3
---

# The Silicon Valley Bank UK Limited Compensation Scheme Order 2025

## Title and introductory text {#prelims}

2025 No. 83
Banks And Banking
The Silicon Valley Bank UK Limited Compensation Scheme Order 2025
Made
27th January 2025
Coming into force
28th January 2025
The Treasury make this Order in exercise of the powers conferred by sections 49(2), 50(2), 61(2) and 259(1) of the Banking Act 2009.
A draft of this Order has been laid before Parliament and approved by a resolution of each House of Parliament in accordance with section 62(2) of the Banking Act 2009.

## 1 Citation, commencement, extent and interpretation {#article-1}

(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.

## 2 Determination of amount of compensation {#article-2}

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.