Motoyagi and Associates (Japan)
Central Bank of Ireland Issues Warning on Unauthorised Investment Firm/Investment Business Firm
The Central Bank of Ireland today (23 November 2015) published the name of an unauthorised investment firm/investment business firm, Motoyagi and Associates (Japan). Motoyagi and Associates is not authorised by the Central Bank as an investment firm, investment business firm or to provide investment advice.
A list of unauthorised firms/persons published to date is available on the Central Bank website.
It is a criminal offence for an unauthorised firm/person to provide financial services in Ireland that would require an authorisation under the relevant legislation for which the Central Bank is the responsible body for enforcing. Consumers should be aware that, if they deal with a firm/person who is not authorised, they are not eligible for compensation from the Investor Compensation Scheme.
Any person wishing to contact the Central Bank of Ireland with information regarding such firms/persons may telephone (01) 224 4000. This line is also available to the public to check if a firm/person is authorised. Since obtaining the necessary legal powers in August 1998, the names of 265 unauthorised firms/persons have been published by the Central Bank.