Italy's CONSOB blocked five illegal websites

Italy's Watchdog , Companies and Exchange Commission (CONSOB) ordered the blocking of five unauthorised websites that illegally offer financial services/products and one website that makes an offer of financial products without a prospectus.

The illegal websites are:

• “Luno Invest” (website https://lunoinvest.net);

• Vantage Global Limited (website www.vantage-markets.com and related page https://secure.vantage-markets.com);

• “Capital4it Ltd” (website www.capital4it.io and related page https://panel.capital4it.io);

• Crypto Trade Club Ltd (website https://cryptotradeclub.ltd and related page https://cfd.cryptotradeclub.ltd)

• “Amlight-italiainvestment” (website www.amlight-italiainvestment.net).

The authority draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, for offers of financial products, that a prospectus has been published.

About CONSOB

The Commissione Nazionale per le Società e la Borsa (CONSOB) is the public authority responsible for regulating the Italian financial markets. Its activity is aimed at the protection of the investing public.

The CONSOB is the competent authority for ensuring

 transparency and correct behaviour by financial market participants;

 disclosure of complete and accurate information to the investing public by listed companies;

 accuracy of the facts represented in the prospectuses related to offerings of transferable securities to the investing public;

 compliance with regulations by auditors entered in the Special Register.

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