23.11.2020
The Commissione Nazionale per le Società e la Borsa (CONSOB) Consob has ordered the blackout of 7 new websites that abusively offer financial services/financial products: 5 abusive financial intermediation sites and 2 sites through which financial products are offered without a prospectus.
The Authority availed itself of the powers deriving from the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) regarding the blackout of the sites of abusive financial intermediaries, as well as the power introduced by Law no. 8 of 28 February 2020 (article 4, paragraph 3-bis), regarding the blackout of the site through which the abusive offer is made.
Below are the sites Consob has ordered to be blacked out:
“Pro Star” (website www.golden-cfd.com);
“European Trade 24” and “Allegra TM” (website www.eutrade24.com);
Maginito Services Ltd and NBG Market (KI) Limited (website www.nbgmarket.com);
“Mistertrader” and “Redfin Capital” (websites https://imrtrader.com and www.redfin.capital);
Arbistar 2.0, S.L. (websites arbistar.com and app.arbistar.com).
The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 330.
The measures adopted by Consob can be consulted on the website www.consob.it.
The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.