Consob, the Italian market regulator, has appointed Maruro Nori has its general manager and Tiziana Togna as its new deputy general manager. In the same month, it has exercised new powers and ordered Internet Service Providers to block access to a score of websites that offer financial services to HNWs without its permission.

Nori has a great deal of experience in the public and private sectors, having been the director general of INPS between 2009 and 2015 and the deputy Chief of Cabinet at the Ministry of Economy and Finance. Most recently he has been a concillor at the European Union's Court of Auditors. Ms Tiziana Togna was the head of Consob's intermediaries division.

Consob has ordered to internet providers to block public access to 23 internet websites offering financial services without its permission, making use of the new powers that it recently acquired in the "growth decree" (law no 58 of 28 June 2019, article 36, paragraph  2-terdecies). The companies and websites are as follows.

• WebNet Ltd e 4COM Network Srl (www.2dots.com).
• One Thousand One Ltd (www.dax1001.com).
• Herdos (https://herdos.com).
• Lancelot Equity Ltd (https://gocapitalfx.com e https://gocapital123.com).
• TQR Trade (https://it.tqrtrade.com).
• Sucaba Enterprise Ltd (www.ptbanc.com).
• CMP24 Ltd (www.cmp24.com).
• Capital Tech Limited (www.pbncapital.com).
• PayPeq Holdings OÜ (www.investus.fm).
• Madar Partners Ltd (www.axeinvest.com).
• Swissinv24 Ltd (https://swissinv24.com).
• Codexfx Ltd (www.codexfx.com).
• Corp Ltd (www.londonfuturemarket.com).
• Apsilon Ltd (www.grandfxpro.com).
• Dubai FXM Ltd (www.dubaifxm.com e www.dubaifxm24.com).
• Light Media Ltd (https://it.wincapitalpro.com).
• Global Es Ltd e Sonartech OÜ (www.capitalfmi.com).
• Brokerz Ltd e All Media Eood (www.brokerz.com).
• London Capital Ltd (www.londoncapitaltrade.com).
• Pmt247 Ltd (www.pmt247.com).
• Globalix Ltd (www.globalix.com).
• Lion Finance Ltd (cfd2fx.com).
• Next Trade Ltd (www.olympusmarkets.com).

[Source: the www.consob.it website. Most of the websites are still up and running at the time of writing.]

Consob regulates private banks that execute orders on behalf of clients and perform foreign exchange services that are connected to the provision of investment services, and also private banks that provide advice, manage portfolios and do safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management.