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The Central Bank has issued warning notices against two financial firms, which it says have no authorisation from the regulator.
The firms are Peoples Borderless Bank and DCF Investment, which is a clone of an authorised firm.
It is a criminal offence for an unauthorised firm to provide financial services in Ireland that would require an authorisation under the relevant legislation that the Central Bank is the responsible body for enforcing.
The regulator warned that consumers should be aware that if they deal with a firm that is not authorised, they will not be eligible for compensation from the Investor Compensation Scheme.
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A list of unauthorised firms published to date is available on the Central Bank website.
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