Financial Services

Central Bank warns over investment firm

Claridon Asset Management (UK) joins list of firms operating here without authorisation

The Central Bank publishes on its website a list of firms operating as investment firms without authorisation.

Wed May 15 2013 - 15:33

The Central Bank has issued a warning over an investment firm operating in Ireland without authorisation from the Central Bank.

The bank said Claridon Asset Management (UK) has been offering investment services to the Irish public but is not authorised to do so in Ireland.

The company joins a list of 213 unauthorised firms published on the Central Bank’s website.

Consumers who deal with such firms are not eligible to avail of the Investor Compensation Scheme.