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Bank of Scotland, as a regulated entity by the Financial Conduct Authority (FCA), ensures the safety of my funds through strict regulatory frameworks. The FCA requires banks to adhere to a variety of protective measures that safeguard customer deposits and promote transparency in operations. For instance, client funds are protected under the Financial Services Compensation Scheme (FSCS), which guarantees deposits up to £85,000 per person, per bank in the event of a bank failure. This is crucial for me as it offers an additional layer of security for my savings. Knowing that Bank of Scotland is also regulated ensures that they follow sound practices, including risk management and transparency. However, while regulation and deposit protection are in place, it’s important to note that my investments in market-linked products are not protected in the same way. Investment risks are still prevalent, and while Bank of Scotland strives to manage risks responsibly, there’s always the possibility of market volatility affecting my returns.