News of the week:
Watch for scams! Consob blocked 5 websites providing illegal financial services

Consob's decisions of the week

- NEWS OF THE WEEK -

Consob has ordered the blackout of 5 new websites promoting or providing financial services illegally.

These are the first measures adopted by the Authority in 2026 as part of its efforts to combat online financial fraud.

The Authority 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), on the basis of which Consob can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.

Below are the websites Consob has ordered to be blacked out:

• "Ccbiglobal" (website https://ccbiglobal.com and related pages https://clientzone.ccbiglobal.com and https://wt.ccbiglobal.com);
• "Torotrades24" (website https://torotrades24.com and related pages https://clients.torotrades24.com and https://trading.torotrades24.com);
• "Partners-Swiss" (website https://partners-swiss.com and related pages https://clientarea.partners-swiss.co and https://web-trader.partners-swiss.co);
• Wallwood Capital Management Limited ("Privanet Securities") (website https://privanetsecurities.com and related page https://client.privanetsecurities.com);
• "AurosAi" (website https://myauros-ai.com and related page https://account.myauros-ai.com).

The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 1527.

The measures adopted by Consob can be consulted on the website www.consob.it.

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 blackout to come into effect.

Consob draws investors' attention to the importance of adopting the greatest diligence to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: These include prior verification, for websites offering financial services and crypto-assets, that the operator through which the investment is made is authorized and, for financial and crypto-asset product offerings, that the prospectus or white paper has been published.

To this end, Consob would remind you that on the website www.consob.it there is a section on the homepage, "Watch for Scams!", providing useful information to warn investors against financially unauthorized initiatives.

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• With Resolution No. 23824 of 14 January 2026, Consob renewed the mandate of the current members of the Market Operators and Investors Committee (Comitato degli Operatori di Mercato e degli Investitori, Comi), due to expire on 25 January, for the next two years.

• The document relating to the voluntary public purchase and exchange offer (Opas) promoted by Banca CF+ Credito Fondiario Spa, pursuant to Articles 102 et seq. of Legislative Decree no. 58 of 1998, on all ordinary shares issued by Banca Sistema Spa, was approved. For each share tendered, Banca CF+ will pay a total consideration of up to €1.80, consisting of the following components: (a) €1.382 in cash; (b) a maximum of €0.418 to be paid through the allocation of 21 shares in Kruso Kapital Spa, whose shares are traded on the Euronext Growth Milan multilateral trading facility (resolution no. 23831 of 14 January 2026).  

• Approval of the prospectus concerning the public offering by Banca CF+ Credito Fondiario Spa of Kruso Kapital Spa shares in the context of the public exchange offer promoted by Banca CF+ Credito Fondiario on ordinary shares of Banca Sistema. The shares constitute the deferred consideration of the Opas.

Order, pursuant to Article 7-octies, letter b), of Legislative Decree No. 58 of February 24, 1998 (Consolidated Law on Finance – TUF), to put an end to the violation of Article 18 of the same TUF, committed by:

• "Ccbiglobal" website https://ccbiglobal.com and related pages https://clientzone.ccbiglobal.com and https://wt.ccbiglobal.com (resolution no. 23829 of 14 January 2026);
• "Torotrades24" website https://torotrades24.com and related pages https://clients.torotrades24.com and https://trading.torotrades24.com  (resolution no. 23828 of 14 January 2026);
• "Partners-Swiss" website https://partners-swiss.com and related pages https://clientarea.partners-swiss.co and https://web-trader.partners-swiss.co  (resolution no. 23827 of 14 January 2026);
• Wallwood Capital Management Limited ("Privanet Securities") website https://privanetsecurities.com and related page https://client.privanetsecurities.com (resolution no. 23826 of 14 January 2026);
• "AurosAi" website  https://myauros-ai.com and related page https://account.myauros-ai.com (resolution no. 23825 of 14 January 2026);

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