Davy Select Private is a fraudulent, unauthorized firm impersonating the legitimate J&E Davy brand. Multiple regulatory authorities—including the Central Bank of Ireland, Dutch AFM, and Belgian FSMA—have issued official warnings and listed the entity on scam registries. Investors are strongly advised to avoid this unlicensed operation entirely.
Davy Select Private operates as an unauthorized financial services firm that clones the identity of legitimate, regulated financial institutions. Multiple European regulatory bodies have identified this entity as a fraudulent impersonation scheme designed to deceive consumers seeking legitimate investment services.
Central Bank of Ireland (CBI): The CBI confirmed that Davy Select Private is not authorised to provide any financial services in Ireland. The firm illegally cloned the details of authorised firm J&E Davy, including stolen email addresses and registered addresses, to deceive consumers. The Central Bank published the firm name under Section 53 enforcement authority and urges anyone with information to contact (01) 224 5800.
Dutch Authority for the Financial Markets (AFM): On July 3, 2024, the AFM issued an official warning identifying Davy Select as an unauthorized clone of a legitimate brand. The entity is listed on the AFM's official scam warning registry, and Dutch consumers are explicitly advised to avoid this unlicensed operation.
Financial Services and Markets Authority (FSMA - Belgium): The FSMA identified Davy Select Private as an unauthorized firm. The entity was listed on the ESMA warning registry as of June 17, 2024, further confirming its fraudulent status across multiple jurisdictions.
Davy Select Private is a high-risk fraudulent entity with zero legitimate regulatory status. It operates as an unauthorized clone designed to deceive investors. All regulatory evidence indicates this is a scam operation. Investors must avoid any contact or financial transactions with this firm. If you have been approached by or provided information to Davy Select Private, report it immediately to the Central Bank of Ireland or your local financial regulator.
The Central Bank of Ireland issued an official warning notice on 17 June 2024 against Davy Select Private, classifying it as an unauthorised firm operating without regulatory permission. The entity engaged in fraudulent cloning of J&E Davy, an authorised Central Bank firm, using stolen details including name, address, and staff email addresses to deceive consumers. The warning explicitly states there is no connection between the fraudulent Davy Select Private and the legitimate J&E Davy subsidiaries.
The AFM's official warnings page lists 'Davy Select Private (Clone)' as a warned entity dated 03-07-2024. The designation '(Clone)' indicates this is an unauthorized imposter entity fraudulently using the Davy Select name. This is a regulatory alert against an unlicensed financial services firm operating without proper authorization.
The FSMA webpage lists 'Davy Select Private' as an unauthorized firm subject to an official warning issued by the Central Bank of Ireland on 17 June 2024. This warning appears in the FSMA's curated list of ESMA warnings and alerts against unauthorized financial service providers. The entry indicates regulatory action taken against the entity for operating without proper authorization.