Central Bank publishes name of unauthorised investment firm

The Central Bank of Ireland today published the name of an unauthorised investment firm, Vantage Holdings Group Limited (Hong Kong).

The firm is not authorised by the Central Bank as investment firm, investment business firm or to provide investment advice.

A list of unauthorised firms/persons published to date is available on the Central Bank website.

"It is a criminal offence for an unauthorised firm/person 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," the Central Bank stated.

"Consumers should be aware that, if they deal with a firm/person who is not authorised, they are not eligible for compensation from the Investor Compensation Scheme."

Any person wishing to contact the Central Bank of Ireland with information regarding such firms/persons can telephone [phone].