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Italy’s CONSOB prohibited a wide set of fraudulent platforms

Italy’s CONSOB prohibited a wide set of fraudulent platforms

Italy’s Companies and Exchange Commission published information that it widened its blacklist of web platforms that provide financial tools and solutions. It added five new projects.

According to the “Growth Decree” law, CONSOB had a right to prohibit products in which financial tools and solutions are provided illegally, having no permission.

The list of platforms was integrated two years ago, when the commission got the right to close platforms of scammers and illegal financial companies, soared up. Right now, this number of prohibited services includes 510 firms.

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