The Central Bank of Ireland has issued a warning that Raisin Bank AG (Clone) is not authorised to provide banking business, investment services or investment business services in Ireland. The notice says the entity has been using the name and details of the authorised firm Raisin Bank AG to pass itself off as legitimate and deceive consumers. The Central Bank states there is no connection between the authorised Raisin Bank AG and the unauthorised clone firm. It also notes that the firm's name has been published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.