Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of six new websites that offer financial services illegally.
In issuing the orders, the Authority availed itself of the powers deriving from the “Decreto crescita” (“Growth Decree”; Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.
The websites targeted by the latest Consob orders are:
- “Mainrow” (website https://momentumltd.io and related pages https://client.momentumltd.io and https://webtrader.momentumltd.io);
- “Sgbfinancesa.io” (website https://sgbfinancialsaltd.cm and related pages https://client.sgbfinancialsaltd.cm…
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