Tag: Sealtd

On December 20, 2021, Consob issued a warning against 15 financial websites operating illegally. On December 27, the Italian regulator noted that a black-out order was also issued against the websites of these providers. In addition, Consob has issued a black-out order against the websites of seven other illegal providers. This brings the total number of websites blocked by the regulator to date to 600. Below is the list of the new blackouts.

Like clockwork, the Italian regulator Consob has again brought the news about websites closed for access by Italian consumers every Monday because of illegal financial offers. Today, six new sites have received black-out orders. Since July 2019, the Italian watchdog has blocked 522 websites for the Italian market. Consob is currently, unfortunately, the only European regulator that has this power in regulatory enforcement. It would be desirable if other jurisdictions also provide their regulators such authorization.