Oireachtas Joint and Select Committees
Wednesday, 24 May 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payments Fraud: Banking and Payments Federation Ireland
Ms Niamh Davenport:
The Central Bank has a list of all authorised companies on its website. I do not think it is product level but more company level. It has issued alerts in recent weeks and months on the investment scams but they are just notifications on its website about being alert to this type of investment scam. That is why we would always say to anybody who wants to invest in any situation that they should do their research, go onto the Central Bank's website, see if there is an alert on it and to do their research and homework. The Central Bank has a role to play, for sure.
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