The Central Bank of Ireland has published the name of an unauthorised firm, Silen Francye (Ireland).
In a statement issued today, the Central Bank said Silen Francye was not authorised as a “retail credit firm” by the bank.
It is the 210th unauthorised firm to have its name published by the Central Bank since 1998.
The statement warned that consumers are not eligible for compensation from the Investor Compensation Scheme if they have problems in their dealings with a firm which is not authorised.
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It is also a criminal offence for an unauthorised firm to provide financial services in Ireland.
Consumers with information on such firms, or who would like to check if a firm is authorised, should contact the Central Bank of Ireland on 01-224 4000.
