The Central Bank has issued a warning about investment firm Thüngen Financial (Luxembourg), which the authority said was offering investment services in the country without authorisation.

The bank said it is a crime for an investment firm to operate in Ireland without its authorisation and its customers would not be eligible for compensation if any issues arose.

The Central Bank maintains a list of warnings around unauthorised firms on its website.

It has also encouraged members of the public to contact them if they have any information regarding such companies.