Nasionale per leSocietae la Borsa (CONSOB), the regulator responsible for overseeing Italy's financial markets, issued a warning on Thursday banning five new websites that offer financial services without proper authorisation.
Here are the details of the five sites:
"Titancfd" (website: www.titancfd-fx.com and related web page: https://platform.titancfd-fx.com).
ECC Corp LLC (website: https://eccapitals.com and related web page: https://ec-capitals.com and https://webtrader.eccapitals.com).
"SevenCapital24" (https://sevencapital24.com);
Eudaimon Consulting LLC (website: https://stellarfx.co);
"Win Traders" (https://win-traders.com, https://client.win-traders.com)
CONSOB has ordered the five sites blocked, but it could take several days for the blocks to take effect for technical reasons. Since the mandate was granted in July 2019, the number of websites blocked by CONSOB has increased to 820.