Central Bank of Ireland Issues Warning on Investment Firms 

Press Release 20 November 2012

The Central Bank of Ireland (“Central Bank”) today published the names of two unauthorised investment firms on its website: Goff Private Equity Limited (Ireland) and Talisman Finance (USA).

Goff Private Equity Limited is not authorised as an investment firm in the State and is claiming or holding itself out to be an investment firm in the State.

Talisman Finance is not authorised as an investment firm in the State and has been offering investment services to members of the Irish public.

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

It is a criminal offence for an investment firm to operate in Ireland unless it has an authorisation from the Central Bank. Consumers should be aware that, if they deal with an investment firm which is not authorised, they are not eligible for compensation from the Investor Compensation Scheme.

Any person wishing to contact the Central Bank with information regarding such firms may telephone (01) 224 4000. This line is also available to the public to check if an investment firm is authorised. Since obtaining the necessary legal powers in August 1998, the names of 200 unauthorised firms have been published by the Central Bank.

Notes to editors

The name of the above firms are published under the European Communities (Markets in Financial Instruments) Regulations 2007.