Warning against Marcus Jones International

Central Bank and Financial Regulator Issues Warning on Investment Firm

The Central Bank and Financial Regulator today (Tuesday, 21 September 2010) published a warning notice on Marcus Jones International (United Kingdom). The firm is not authorised as an investment firm in Ireland and has been offering investment services to members of the Irish public. The notice is published today in Irish daily newspapers under the European Communities (Markets in Financial Instruments) Regulations 2007. 

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

Any person wishing to contact the Central Bank and Financial Regulator with information regarding such firms may telephone (01) 224 4000. This line is also available to the public to check if an investment firm is authorised.  Since obtaining the necessary legal powers in August 1998, 82 warnings naming 155 firms have been issued. A list of all warning notices issued to date is available on the website www.centralbank.ie