Comgestfx (CLONE) - Central Bank of Ireland Issues Warning on Unauthorised Firm

Key dates

05 August 2026

- CBI publishes the warning notice “Comgestfx (CLONE) – Central Bank of Ireland Issues Warning on Unauthorised Firm” under section 53 of the Central Bank (Supervision and Enforcement) Act 2013, formally designating the entity as unauthorised and alerting the market

Suggested considerations

• Verify whether any clients, prospects, or staff have received communications from domains or email addresses associated with Comgestfx (CLONE), including http://www.comgestfx.com and [email protected], and block these from internal systems and client channels.
• Update internal scam and clone‑firm watchlists and negative screening lists to include Comgestfx (CLONE), ensuring that onboarding, transaction monitoring, and client servicing teams can identify and escalate any reference to the entity.
• Communicate a targeted client alert to relevant investors and distributors, reminding them to verify firms against the CBI’s authorisation registers and clarifying that Comgest Asset Management International Limited (CAMIL) is not connected to Comgestfx (CLONE).
• Review and, where necessary, enhance financial crime, fraud, and conduct risk policies to ensure they explicitly address clone‑firm risks, impersonation of authorised entities, and obligations to report suspected unauthorised firms to the CBI.
• Ensure customer‑facing staff, relationship managers, and call‑centre teams are briefed on this specific warning and can explain to clients how to check a firm’s authorisation status and the risks of dealing with unauthorised entities.
• Conduct a search of major social media platforms and marketing channels to identify potential misuse of the CAMIL brand or other authorised group entities by Comgestfx (CLONE) or similarly named clones, and initiate takedown or legal steps where appropriate.

What changed

• - The CBI has formally designated Comgestfx (CLONE) as an unauthorised investment firm / unauthorised investment business firm, explicitly stating it is not authorised to provide investment services in Ireland.
• The warning specifies the clone’s website (http://www.comgestfx.com) and email address ([email protected]), enabling firms and clients to identify and block known fraudulent contact points.
• The CBI confirms that Comgestfx has cloned the name and details of Comgest Asset Management International Limited (CAMIL), and that there is no connection between the authorised firm and the fraudulent entity, reinforcing the regulatory stance on clo
• The firm’s name is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013, demonstrating the use of CBI’s statutory powers to publicly warn about unauthorised firms.
• The CBI reiterates its reporting channels for suspected unauthorised firms (telephone and online reporting), effectively re‑emphasising expectations that market participants and consumers will proactively report clone activity.
• The warning aligns with CBI’s broader programme of unauthorised firm / clone alerts and complements existing guidance on financial scams and the need to verify authorisation status via the CBI’s registers.

Who is affected

• Irish and EU retail investors and clients
• Authorised investment firms and asset managers in Ireland
• EU-authorised MiFID investment firms and UCITS/AIFMD management companies
• Compliance, operational risk, and financial crime teams
• Payment providers and fintechs
• like services or cross‑border products, which may be exposed to clone fraud using similar impersonation techniques of authorised entities.