Eligere Investments claims on its website to hold “holds a number of sustainable and ethical investments in commodity related markets,” with particular emphasis on emerging markets. It also purports to be active in ‘over-the-counter’ energy markets, “providing both buyers and sellers access to a broader market base.”

However, the FCA say the firm has no authorisation to provide financial services or products in the UK, and warns investors to be “especially wary of dealing with this unauthorised firm.”

The FCA further cautions that many unauthorised firms run scams such as share fraud, and that investors who give money to an unauthorised financial services provider are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme if things go wrong.