CBI: Warning on Unauthorised Investment Firm
The Central Bank of Ireland has published the name of an unauthorised investment firm, Clarion Equity Management (Japan). Clarion Equity Management (Japan) is not authorised as an investment firm by the Central Bank of Ireland.
A list of unauthorised persons/firms published to date is available on the Central Bank website.
It is a criminal offence for an unauthorised person or firm to provide financial services in Ireland that would require an authorisation under the relevant legislation for which the Central Bank is the responsible body for enforcing. Consumers should be aware that if they deal with a person or firm which is not authorised, they are not eligible for compensation from the Investor Compensation Scheme.
Source: cbi
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