A further €3.8m in compensation has been paid out to clients of the failed investment firm Custom House Capital (CHC) over the past year.
It means a total of €11.3 in compensation has now been given to customers of the business, which was wound up in October 2011 following substantial misappropriation of client investments, estimated at €62m by its liquidator.
The State's investor compensation scheme, the Investor Compensation Company (ICCL), says 93% of claims for compensation arising form the collapse of CHC have now been paid out.
"There are a number of claims yet to be paid, due mainly to issues regarding the contacting of claimants and the receipt of required declarations," it said.
"The ICCL is endeavouring to conclude these outstanding claims as soon as possible."
The additional pay outs followed the provision of clarity by the High Court in October last year around the interpretation of legislative provisions affecting a number of aspects of claims by investors.
This paved the way for the resumption of certifications and payments of compensation, ICCL said.
Claims have been received by the ICCL from more than 2,300 clients of CHC.
Publishing its annual report, the ICCL said it received no new compensation cases during the past year.
It said the liquidation of Money Markets International Stockbrokers Limited is continuing.
So far €775,000 in compensation has been paid to clients of the firm which was liquidated in March 1999.
"Resolution of certain issues in the liquidation is awaited and it remains unclear whether additional compensation will arise in the case," the ICCL said.
A surplus of €5.6m was recorded by the ICCL for the year to the end of July. This was down €11.7m on the previous year, because special levies recorded last year did not recur.
Accumulated reserves now stand at €88.1m, up from €82.5m a year ago.
However, since the year end this has risen to €94m.
There are around 3,000 investment firms affiliated to the scheme, which is broken into two funds, one for larger institutions such as banks, asset managers and stock brokers and another for smaller businesses like brokers and intermediaries.
The scheme, which is aimed primarily at smaller investors, offers compensation of up to €20,000 to each investor and pays for this through levies collected annually from investment firms.
