Italy’s Companies and Exchange Commission (CONSOB) has issued orders for the blocking of access to five unauthorized financial services websites.
The websites targeted by the latest orders are:
- Ghost Global Limited (website https://ghostgloballtd.com and related page https://cab.ghostglbltd.com);
- “Di-Fi Global” e “Connect Global” (website https://di-figlobal.info and related page https://webtrader.di-figlobal.info);
- MT4 Market Consulting (website https://mt4markets.com and related page https://client.mt4markets.com);
- “TradeIn24” (website https://tradein24.com and related pages https://clients.tradein24.com and https://trading.tradein24.com);
- “Quintus Trade” (website www.quintustrade.com and related pages https://client.quintustrade.com and https://trade.quintustrade.com).
In issuing the orders, the Authority made use of the powers deriving from the “Decreto crescita” (“Growth Decree”; Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.
The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blocked, has thus risen to 1465. Last week, the regulator ordered the blocking of access to 17 unauthorized websites.
The blackout of these websites by Internet service providers operating in Italy is ongoing. For technical reasons, it can take several days for the blocking to be implemented.
