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"Emperiumfx Ltd" ( - "[... Company A ...]" ( - "Team North Partners Ltd" e "Colespite Partners Ltd" (

Consob has ordered the black-out of 3 new websites that offer financial services illegally.

The commission availed itself of the new powers resulting from the ‘Decreto Crescita'(‘Growth Decree’; Law no. 58 of 28 June 2019, article 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 sites Consob has ordered to be blacked out:

"Emperiumfx Ltd" (website;

"[... Company A ...]" (website;

"Team North Partners Ltd" and "Colespite Partners Ltd" (website

The number of sites 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 363.

The measures adopted by Consob can be consulted on the website

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 black-out to come into effect.

Consob draws investors'attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, 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 authorised, and, for offers of financial products, that a prospectus has been published.

To this end, CONSOB would remind that on the website there is a section on the homepage “Be aware of fraud!”, providing useful information to warn investors against financially abusive initiatives.

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Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

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Public warning pursuant to the combined provisions of Article 30, paragraph 2, letter c of Regulation (EU) no. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and Article 187-ter.1, paragraph 8 of Legislative Decree no. 58 of 24 February 1998 (Resolution no. 21651 of 18 January 2021)

The Commission has announced that Mr. Marco Astorri, in his capacity as Chairman and CEO as well as subject controlling Bio On Spa - whose securities at the time of the events were dealt with in the AIM segment of the Italian Stock Exchange - in violation of Article 19 of Regulation (EU) 596/2014 (Market Abuse Regulation - "MAR") of the European Parliament and of the Council of 16 April 2014 on market abuse, has failed to notify Consob and Bio On Spa of the sale transactions of 8750 shares issued by the same, for an amount equal to 91,175 euros, put in place on 22 October 2019.

(Published in "Consob Informa" no. 3/2021 - 25 January 2021)