Welcome to the website of the Investor Compensation Scheme

The Investor Compensation Company DAC (ICCL) is the compensation fund of last resort for customers of authorised financial services firms.

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Stay compliant with the Investor Compensation Act

Participant firms can now pay their annual levy online using our secure payment process. It’s a quick and easy way to ensure your firm is compliant with the Investor Compensation Act and you’ll receive confirmation immediately.

Pay your levy online now

Want to know more about claiming compensation?

If you would like to understand how the process of claiming compensation works in Ireland, the ICCL has put together some useful information to help you.

Learn how it works here

Investor Compensation Company DAC

The ICCL supports the National Payments Plan initiative to phase out the usage of cheques and increase efficiencies for Participant firms. Commencing 1 July 2020, the ICCL will no longer accept cheque payments. The ICCL already offers multiple alternative, convenient and secure payment methods namely, Direct Debit, EFT and card payments either online or over the phone. To register for E-Invoicing or Direct Debit, simply click on the green Register / Login button in the top right corner and follow the on-screen instructions.

Notification to clients of Interactive Brokers Ireland Limited

The Central Bank of Ireland has advised The Investor Compensation Company DAC (the “ICCL”) that it has authorised Interactive Brokers Ireland Limited as a MiFID investment firm with effect from 22 December 2020.

The ICCL can confirm that, in accordance with the provisions of the Investor Compensation Act, 1998, with effect from 22 December 2020, Interactive Brokers Ireland Limited became a member of the Irish Investor Compensation Scheme.

If you have a query or are unsure whether your investment instrument(s) are protected by the ICCL, you should seek clarification directly from Interactive Brokers Ireland Limited. The ICCL Consumer Information booklet may address some general queries in relation to the operation and scope of the Irish Investor Compensation Scheme.

This notice is not a legal document. If any information in it differs from the law, the law will apply.

Consumer Information booklet

Consultation Document – Funding the Investor Compensation Scheme

The ICCL has commenced the triennial consultation process with Industry concerning how the Investor Compensation Scheme will be funded throughout the period August 2022 to July 2025.

The consultation process is open from 29 October 2021 until 17 December 2021.

A copy of the Consultation Document is available from the 'Publications' section of our website.

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Custom House Capital Limited

The ICCL is committed to processing claim applications and paying compensation to clients of CHC as quickly as possible, once validated and certified by the Administrator.

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