Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Ms Davenport mentioned that the initial step in the fraud is usually online. We talked about social media operators taking paid advertisement. We have some of those advertisements for investment scams, which the Banking and Payments Federation of Ireland has been alerting the public to recently. Regarding those types of investment scams, does the Central Bank have a role in authorising investment products? This is an investment product which is supposed to be authorised by the Central Bank. Does it have a role here? People are going onto Google and Facebook and getting stung by these scams.