Tag: Invest Union

On Monday, 26 September 2022, the Italian regulator Consob ordered the black-out of four illegally operating online trading websites, increasing the total number of black-out orders to 758. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

The Italian regulator Consob ordered the black-out of five illegal financial websites increasing the total number of black-out orders to 708. Against two of the scams, the Consob ordered to be blacked out FinTelegram has already issued warnings – Tetris Group and FinoMarkets. Both of them have been around for years already and received warnings from different financial markets regulators! It would be desirable if other regulators were also empowered by their parliament to block access to illegal websites.