Central Bank warns about unauthorised investment firm

Friday 22 March 2013 11.32
The Central Bank issues regular warnings over unauthorised investment firms
The Central Bank issues regular warnings over unauthorised investment firms

The Central Bank has issued a warning about investment firm Bernstein, Whitman & Lloyds, which it said had been offering services in Ireland without authorisation.

In its warning the bank notes that it is a criminal offence to operate as an investment firm without its approval and that customers of such firms would not be eligible for compensation funds in the event of a problem.

The Central Bank issues regular warnings about unauthorised firms and maintains a list of such companies on its website.

People with information relating to potentially unauthorised firms are also asked to contact them.