Our Purpose
To operate the national compensation scheme for retail clients of authorised investment firms.
Our Mission
To operate a financially sound scheme so that it is in a position to pay, in a prompt manner, statutory levels of compensation to eligible clients of failed investment firms whilst operating to the highest standards.
Our Values
- We undertake our statutory functions responsibly with a clear focus on delivering compensation for retail investors.
- We act professionally in our work, holding ourselves to high standards
- We engage consultatively and collaboratively with the Scheme’s member firms and with key stakeholders, the Central Bank of Ireland and the Department of Finance
- We behave with integrity and communicate in an open and transparent manner
Our Strategic Goals
1. Claims Handling
To develop the capability/capacity to oversee and handle compensation events for all investment firms regardless of size
2. Funding
To implement sustainable funding models which take into account relevant market developments.
3. Organisation Efficiency
To develop and improve our operational processes
4. Governance
To uphold high standards of corporate governance and financial controls
5. Stakeholder Engagement
To maintain constructive engagement with stakeholders on matters pertaining to our remit.