The Italian financial watchdog Consob has ordered the blackout of six illegal financial websites. These are all illegally operating broker scams. The new order brings the number of websites blacked out to 995 since Consob’s authorization was enacted. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would be worth considering. Below are the websites Consob has ordered to be blacked out:
On 20 April 2023, the Italian regulator Consob announced that it ordered four illegal financial websites to be blacked out. The total number of black-out orders increase to 879. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out: