Italy’s CONSOB Blocks Unauthorized Investment Websites

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Italy’s Companies and Exchange Commission (CONSOB) announced that it has ordered the blocking of access from Italian territory to four unauthorized investment websites. They include:

Salvax Limited (websites www.fxsuit.it and www.fxsuit.net);

NewTraders Holdings Ltd (website https://eu-markets.co and related page https://client.eu-markets.co);

Triton Partnership Ltd (website https://lcoinmarket.com and related page https://client.lcoinmarket.com);

Evolution Markets LTD (website http://marketseco.com).

CONSOB has the right to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization.

The number of websites blocked since July 2019, when CONSOB received the power to issue blocking orders, increased to 405. One example of a Forex broker’s website blocked in Italy is that of IC Markets.

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