Italy’s CONSOB orders blocking of access to websites of ITC FX and Fisher Forex
Italy’s Companies and Exchange Commission (CONSOB) has issued orders for the blocking of access to three illegal investment websites.
The websites targeted by the latest set of orders are:
- “Fisher Forex” (website https://fisherforex.com);
- Shadlake Ltd (website https://crystalscapitals.info and related page https://platform.crystalscapitals.org);
- “ITC FX” (website https://itc-fx.com and pages https://client.itc-fx.com and https://webtraderapp.online).
In issuing the orders, the regulator availed itself of the powers deriving from the “Decreto crescita” (“Growth Decree” Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), relating to the black-out of the sites of abusive financial intermediaries. The regulator has since issued orders for the blocking of 914 websites.
Last week, the regulator ordered the blocking of access to four unauthorized investment websites, including Fxlivestrade and Ikon CFD.
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 blocking to be implemented.