Italy’s financial regulator – the Commissione Nazionale per le Società e la Borsa (CONSOB) has continued its efforts to protect its citizens from unregulated financial companies and possible online scams. The regulator announced on Friday that it has blocked several more websites of such firms and is advising all traders to take notice.
The new firms are blocked via the so-called “Growth Decree”, on the basis of which Consob can 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 websites Consob has ordered to be blacked out:
– KBS Capital Markets Ltd (website https://royaltradefx.com and related page https://my.royaltradefx.com);
– Donnybrook Consulting Ltd (website www.eurofx.trade);
– Investigram Ltd (website www.investigram.com);
– FCS Technology Ltd (website https://stockmarketinvest.pro and related page https://client.stockmarketinvest.pro).
With the addition of these websites, the regulator has indicated that the total number of firms and websites that have been affected this way in Italy is now a total of 400.