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THE Central Bank (under Patrick Hononan) has issued warning notices on three separate unauthorised investment firms.

The warning notice covers Bingham Consulting Group (USA), Swiss Financial Research AG (Switzerland) and Tate and Carver Consultancy Group (USA). "The firms are not authorised as investment firms in Ireland and have been offering investment services in the State," the Central Bank outlined.

"It is a criminal offence for an investment firm to operate in Ireland unless it has an authorisation from the Central Bank of Ireland. "Clients of unauthorised firms are not eligible for compensation from the Investor Compensation Scheme."