“Consob exercised, for the first time, new supervisory powers to fight unauthorized financial web use, barring four internet sites that offer without investment services,” said Hon. Giulio Centemero (Lega), Parent Company Finance Committee, as the rapporteur for the Growth Decree (Law No. 58 of June 28, 2019) at the Italian Parliament.
“I personally supported the League’s amendment to grant permission to the Consob and the new supervisory powers. This accessory provision proves that we are a reliable, secure market that acts in the exclusive interest of its citizens and savers. These are the necessary prerequisites needed in order to re-launch the entire Italian financial sector and Fintech in particular, especially in light of Brexit.”