CONSOB Continues to Block New Illegal Websites


Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block the access from Italian territory to more unauthorized investment websites. They include: of Bright Group LLC, of, of CMS Ltd, of Olympusbrokers Ltd, and of Unico Aust Pty Ltd.

CONSOB has the right to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization. Thus, the number of websites blocked by CONSOB since July 2019 has expanded to 825. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.


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