Unauthorised Firms  

Unauthorised Firms  

All firms which hold an authorisation from the Central Bank of Ireland (‘Central Bank’), or where applicable, the SSM, to provide financial services in Ireland are listed in our Registers section.  Prior to entering into a financial services transaction, members of the public can check the regulatory status of the firm they are dealing with.

Please note that some firms based in the European Economic Area may be regulated in their Home State and may be authorised to provide services in Ireland under Passporting arrangements.

To check the regulatory status of a firm, please check online in our Registers section or contact the Central Bank directly by telephone on 00 353 1 224 4000.

Consequences of Dealing with Unauthorised Firms

You should be aware that if you deal with unregulated firms you will not have access to the following protections:

  • Investor compensation schemes
  • The services of the Financial Services Ombudsman
  • The Directors and senior management of unregulated firms are not subject to the Fitness and Probity Regime
  • Unregulated firms are not subject to prudential requirements such as regulatory capital requirements or safeguarding of client funds

Unauthorised Investment Firms and Warning Notices

Under the Central Bank (Supervision and Enforcement) Act 2013, the Central Bank has the authority to publish warning notices naming persons or firms who are providing financial services without the appropriate authorisation or who are holding themselves out to be a regulated financial service provider where they do not have the appropriate authorisation to provide financial services.  A list of unauthorised firms in respect of whom warning notices have been published by the Central Bank to date is available at List/Search Unauthorised Firms.

If you have been approached about an investment scam - or think you are a victim - report it to the Central Bank and you may also wish to report the matter to the Gardaí.