Italy’s Companies and Exchange Commission (CONSOB) has issued orders to prohibit access to five investment websites that are attempting to reach Italian investors without the necessary approval.
The websites are:
- Aquilafx.
- Pine Consulting LTD e BestProducts Ltd.
- MTinvesting.
- MFS Securities Corporation.
- EuroCryptoFX.
The Italian financial regulator, Consob, has issued orders to block the access of 871 websites offering financial services without the proper authorization. These orders have been made using the powers given by the “Decreto crescita”.
Last week, Consob ordered the blocking of six websites, including those operated by Fintech Market and Prime Markets. Internet service providers on the Italian territory are currently in the process of implementing the block. It may take a few days before the block is completely in place.
Read more: UK FCA Bans Independently East From Regulated Activities (brokerstimes.com)
