Italian Consob orders black-out of 5 illegal financial websites

Consob orders blackout for five more websites
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The Italian Consob has returned after the X-Mas break. The regulator made the last warnings and black-out orders on Dec 27 last year. On Jan 17, 2020, the regulator issued the order to black out the websites of five providers of illegal financial services bringing the total number of websites blacked out since July 2019 to 605. It would be desirable if, in 2020, other regulators were authorized by their legislators to issue such black-outs. This would be an important step in the fight against cybercrime and scams.

Below are the sites Consob has ordered to be blacked out:

The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 605.


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