On 20 April 2023, the Italian regulator Consob announced that it ordered four illegal financial websites to be blacked out. The total number of black-out orders increase to 879. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out:
- AMA Business Solutions Ltd d/b/a SolidXM with website https://solidxm.com;
- Pelliron Universal Inc. d/b/a Pelliron with website https://pelliron.com;
- Mortiz Ltd and FXALTA LTD d/b/a FXalta with website www.fxalta.com;
- New Finance LLC and NEWFX Ltd with website www.newfxtrading.com.
The number of websites 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 879.