Following the retirement of Dan Coveney, the ICCL is pleased to announce that George Treacy has been appointed by the Governor of the Central Bank of Ireland as Deputy Chairperson to the Board, effective from 7 September 2015.
Invoices for the new funding year 1 August 2015 - 31 July 2016 have been issued to all participant firms of the Investor Compensation Scheme on 14 August 2015. The deadline for payment is 18 September 2015. Participant firms can sign up for a direct debit discount and pay their ICCL levy online by registering for a myICCL account here.
Participant firms who sign up to or renew their Direct Debit will receive a 5% discount on their levy up to a maximum of €25. This initiative is to support the ICCL's adoption of the National Payments Plan to promote electronic payments between businesses. The deadline to sign-up and avail of the discount is 31 August 2015. For more information on this initiative click here.
The public consultation has today been launched by the Department of Finance inviting interested parties to make submissions in relation to the draft regulations on the Investor Compensation Act 1998 (Return of Investor Funds or other Client Property). The consultation period will run to Friday 23 January 2015.
The ICCL published its Annual Report for the year ended 31 July 2014.
The ICCL was invited to participate at two recent Intermediary Roadshows, in Dublin and Athlone. The event was attended by over 300 Insurance and Investment Intermediaries and provided a good opportunity for the ICCL to engage directly with participant firms.
The ICCL has launched it's revised website today.
The ICCL has confirmed the appointment of Mr Michael Fagan as its new Chief Operations Officer effective 22 September 2014. Michael is the former Deputy Head of Financial Control and Procurement Division at the Central Bank of Ireland.
The ICCL issued letters to relevant members of Berehaven Credit Union Limited ["BCUL"] this week to inform them of their entitlements under the Act. Click here for the latest information on BCUL.
A Notice was placed in a national newspaper, as required under the Investor Compensation Act, 1998, inviting clients of Berehaven Credit Union Limited (in Liquidation) ["BCUL"] to apply for compensation by 7 January 2015. Please click here to view the notice published.
Participant firms who sign up to or renew their Direct Debit will receive a 5% discount on their levy up to a maximum of €25. This initiative is to support the ICCL's adoption of the National Payments Plan "e-day" which seeks to promote electronic payments between businesses. The deadline to sign-up and avail of the discount is 31 July 2014. Sign up to and manage your direct debit here.
The ICCL published its Annual Report for the year ended 31 July 2013.