Consob has ordered to be blacked out:
- “FusionLots” (website https://fusionlots.com and related page https://platform.fusionlots-techp.com);
- “CM FX Trade” (website https://cmfxtrade.com and related page https://client.cmfxtrade.com);
- “Capitalpartners24” (website https://capitalpartners.org);
- “Alfacapitalmarket” (website https://alfacapitalmarket.com and related page https://client.alfacapitalmarket.com);
- “Investax” (website www.investax.org).
The number of websites blacked out since July 2019 has thus risen to 1115.
(Only in Italian)
IVASS has published its Supervisory Bulletin – Year XII – No. 5 – May 2024
(Only in Italian)
The Financial Intelligence Unit for Italy (FIU) published its Annual Report for 2023, No. 16 – 2024
The first set of guidelines covers the presence of suitable management bodies within issuers of ARTs and CASPs, contributing to increase the trust in the financial system. Having robust governance arrangements in place will foster confidence in those assets and services, supporting the development of a healthy crypto-asset ecosystem.
It provides common criteria to assess the knowledge, skills, experience, reputation, honesty and integrity of members of the management body, as well as if they can commit sufficient time to perform their duties to ensure a sound management of these entities.
The second set of guidelines concerns the assessment of the suitability of shareholders or members with direct or indirect qualifying holdings in a supervised entity.
This assessment is a key aspect of the gatekeeping function exercised by supervisory authorities, considering the significant influence that these persons may exercise on the management of the supervised entity.
It equips competent authorities with a common methodology to assess the suitability of the shareholders and members with direct or indirect qualifying holdings for the purpose of granting authorisation as issuers of ARTs or as CASPs, and for carrying out the prudential assessment of proposed acquisitions.
