By The Central Bank of Ireland ('Central Bank') today (8 January 2014) published the names of two unauthorised persons, Mr. Michael Gilmore (Date of Birth 13/05/1954) a former director of Aligned Brokers Countrywide Limitedand Mr. Mark Nolan (Date of Birth 02/06/1969) a former director of Tony Bourke Insurances Limited. Neither Mr. Michael Gilmore nor Mr. Mark Nolan are authorised by the Central Bank as an insurance intermediary.
A list of unauthorised firms and persons published to date is available on the Central Bank website.
It is a criminal offence for an unauthorised person to provide financial services in Ireland that would require an authorisation under the relevant legislation which the Central Bank is the responsible body for enforcing. Consumers should be aware that, if they deal with a firm or person who is not authorised, they are not eligible for compensation from any statutory Compensation Schemes.
Any person wishing to contact the Central Bank of Ireland with information regarding such firms or persons may telephone (01) 224 4000. This line is also available to the public to check if a firm or person is authorised. Since obtaining the necessary legal powers in August 1998, the names of 217 unauthorised firms or persons have been published by the Central Bank.
Notes to editors:
The names of the above persons are published under the Central Bank (Supervision and Enforcement) Act 2013. Please note that this is the first time the Central Bank has published a warning notice regarding individual persons since the commencement of the Central Bank (Supervision and Enforcement) Act 2013 on 1 August 2013, which expanded the Central Banks powers to publish warning notices.
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