Consob Monday – Italian regulator orders to blackout six financial websites!
Like clockwork, the Italian regulator Consob has again brought the news about websites closed for access by Italian consumers every Monday because of illegal financial offers. Today, six new sites have received black-out orders. Since July 2019, the Italian watchdog has blocked 522 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 also provide their regulators such authorization.