CONSOB Blacklists 11 Websites for Operating without Authorisation

The Italian regulator has ordered the 11 websites to be blacked out.

The Commissione Nazionale per le Società e la Borsa (CONSOB) announced today that it has blacklisted 11 websites, as part of its mission to remove companies operating in Italy without authorisation.

According to the statement from the Italian regulator, CONSOB, the regulator responsible for Italy’s securities market, has ordered the following websites to be obscured:

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  • Dinengo Partners LTD (site internet https://marketsdock.com, and their client.marketsdock.com pages and status.marketsdock.com);
  • Jean Pierre Technologies LTD (site internet www.jp.finance, and their https://trade.jp.finance pages and https://cashier.jp.finance);
  • KBS Capital Markets LTD (site internet www.topcapitalfx.com and its www.my.topcapitalfx.com page);
  • NorthfintechFX Trading Services Ltd (website internet www.northfintechfx.co and its www.northfintechfx.trade page);
  • ‘Wallwood Broker’ (site internet https://wallwoodbroker.com);
  • ‘247 First Invest’ (site internet https://247firstinvest.com);
  • Uptos Ltd (website internet www.uptos.org);
  • Equalizer Ltd (website internet www.marketfxc.com)
  • ‘Inter Media Ltd’ (site internet www.cfgtrades.com);
  • ‘Acquantum AG’ (site internet www.acquantum.eu);
  • ‘Matrix Bench’ (site internet https // matrixbanco.com).

With the 11 new websites identified, the total number of websites which have been obscured by CONSOB since July 2019 has risen to 279. The actions taken by the regulator on Friday are part of its expanded powers to order the blackout of abusive financial intermediary websites.

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Specifically, the Italian regulator found new tools to address illegal operators in the market when the ‘Growth Decree’ extended its powers far beyond. Thanks to the decree, CONSOB can order Italian internet service providers (ISPs) to block websites in the region.

“The sites are being blocked by internet connectivity providers operating in Italy. For technical reasons, the actual blackout may take a few days,” the company said in its statement today.

CONSOB Continues to Protect Consumers

CONSOB is very active in its role of protecting Italian consumers from financial scams. As Finance Magnates reported, the regulator recently warned against seven entities that are not allowed to offer financial services in Italy but continue to solicit investments from locals.

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