Central Bank issues warning on unauthorised firm

Bank says Whitaker Corporate Partners is not authorised to provide investment advice

The bank said consumers should be aware that, if they deal with a firm which is not authorised, they are not eligible for compensation from any statutory compensation schemes
The bank said consumers should be aware that, if they deal with a firm which is not authorised, they are not eligible for compensation from any statutory compensation schemes

The Central Bank has issued a warning against an unauthorised investment firm – Whitaker Corporate Partners.

The bank said the entity is not authorised as an investment firm or to provide investment advice.

It said consumers should be aware that, if they deal with a firm which is not authorised, they are not eligible for compensation from any statutory compensation schemes.

"It is a criminal offence for an unauthorised firm to provide financial services in Ireland that would require an authorisation under the relevant legislation which the Central Bank is the responsible body for enforcing," the bank added.

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

Charlie Taylor

Charlie Taylor

Charlie Taylor is a former Irish Times business journalist