Dáil Éireann Debate, Wednesday - 12 December 2012
46. Deputy Pearse Doherty asked the Minister for Finance if he will lay before the Houses of the Oireachtas the latest report and accounts for the Investor Compensation Company Limited; and if he will confirm the estimate of annual funding provided to this company in 2012 and 2013 by the State or its agencies including the Central Bank of Ireland. [55771/12]
View answerThe Investor Compensation Company Limited (ICCL) is an independent company established in accordance with the Investor Compensation Act 1998. Under that Act there is no requirement on the ICCL to lay its annual report and accounts before the Houses of the Oireachtas. However, the ICCL publishes this information on its website and the Deputy may wish to read the 2012 Annual Report and Accounts of the ICCL at the following web address: http://www.investorcompensation.ie/ICCL_Report_12.pdf. There is no state funding of the Investor Compensation Company Limited (ICCL). The funds of the ICCL are generated solely from contributions from investment firms. The Deputy may wish to access the following web address for further details on the funding mechanisms of the ICCL: http://www.investorcompensation.ie/funding.php
