Topic: UK regulators warn Google about accepting deceptive ads
City regulators have warned they will take legal action against Google and the social media company. If they continue to accept ads for online financial scams that flourished during the pandemic.
Mark Steward, head of ทดลองเล่น slotxo law enforcement at the Financial Conduct Authority, told the Treasury Department selection committee on Monday that Britain had been blocked until recently from taking action against online platforms that failed to screen. Financial ads to ensure they are approved by FCA-licensed companies or individuals.
That's because EU rules on financial ads don't cover online platforms like Google. This "exception" allows scammers to effectively post fraudulent ads online. Because they do not have to go through further scrutiny, the FCA is now free to crack down on violators, Steward said.
It wasn't immediately obvious whether social media was really aware of this change, we had made them aware,” Stewart said. change,” he added. If the company does not comply "We will take action"
The warning comes a month after the City of London police and the consumer body, which? Join forces to call on governments to change proposed online safety bill This ensures that tech giants like Google and Facebook are held legally responsible for fake and fraudulent ads.