The Central Bank of Ireland published a warning notice about TD ICAV (CLONES), an unauthorised Irish Collective Asset-Management Vehicle (ICAV) using the name TD ICAV and operating via https://www.tdicav.org and www.tdicav.com, which is not authorised to provide investment services or any other financial services in Ireland. The Bank said the scam entities have cloned the name of a fund authorised by the Central Bank and have been seeking to pass themselves off as the legitimate fund, TD ICAV (CBI00417775), to deceive consumers, and that there is no connection between the authorised fund and the scam entities. The name was published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013, and the Bank invited the public to report information on unauthorised firms and consult its guidance on protecting against financial scams.
Central Bank of Ireland 2026-03-27
Central Bank of Ireland issues warning on unauthorised TD ICAV clone firms
The Central Bank of Ireland issued a warning about TD ICAV (CLONES), an unauthorised Irish Collective Asset-Management Vehicle falsely presenting itself as the legitimate TD ICAV (CBI00417775). The scam entities have cloned the name of a fund authorised by the Central Bank to deceive consumers. The Bank urges the public to report unauthorised firms and consult its guidance on financial scams.