Tag: VestleFx

Since the end of the summer vacations, the Italian regulator Consob brings again every Monday the news about websites that are closed for access by Italian consumers because of illegal financial offers. Today, six new sites have received blackout orders. Since July 2019, the Italian watchdog has blocked 516 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 would also give their regulators such authorization to fight scams more efficiently.