The Central Bank of Ireland issued a warning that Red Arc Global Investments (Ireland) ICAV (Clone) is not authorised to provide investment services or investment business services in Ireland. The notice states that the unauthorised firm has cloned the name and details of a Central Bank-authorised firm and has sought to pass itself off as the legitimate Red Arc Global Investments (Ireland) ICAV to deceive consumers. It also notes there is no connection between the authorised firm and the unauthorised clone, and that the firm name is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.
Central Bank of Ireland 2026-04-10
Central Bank of Ireland warns that Red Arc Global Investments (Ireland) ICAV (Clone) is an unauthorised investment firm
The Central Bank of Ireland has warned that Red Arc Global Investments (Ireland) ICAV (Clone) is not authorised to provide investment services or investment business services in Ireland. The firm has cloned the name and details of a legitimately authorised entity to deceive consumers, and the clone’s name has been published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.