Tuesday 17 October 2017

Central Bank issues warning about Milestone AMG

Independent.ie reporters

THE CENTRAL Bank has published a warning notice about Milestone AMG.

According to the bank, the company is not authorised as a investment firm here but has been offering services.

“It is a criminal offence for an investment firm to operate in Ireland unless it has an authorisation from the Central Bank of Ireland,” the bank said in a statement.

It added that clients of unauthorised firms are not eligible for compensation from the Investor Compensation Scheme.

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