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Central Bank issues warning on unauthorised investment firm

The Central bank has issued a warning on Robinson Securities LLC, an unauthorised&...
Newstalk
Newstalk

13.42 2 Jun 2015


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Central Bank issues warning on...

Central Bank issues warning on unauthorised investment firm

Newstalk
Newstalk

13.42 2 Jun 2015


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The Central bank has issued a warning on Robinson Securities LLC, an unauthorised investment firm operating in the country.

According to the Irish Times, a statement issued today sad the company is not authorised as an investment firm, investment business firm or to provide investment advice.

It is a criminal offence for such a firm to provide financial services that require the Central Bank's approval, and investors would  is not be eligible for compensation from the Investor Compensation Scheme.

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A list of unauthorised firms and persons is available on the bank's website.

Robinson Securities LLC is, according to its website, a 27-year-old consultancy firm base in Seattle, Washington.


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