Tech firms must ‘stamp out’ scam adverts or face fines, under Ofcom proposals
Firms could face fines of up to £18 million or 10% of global revenue, whichever is greater, once the rules come into effect
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Summary
Firms could face fines of up to £18 million or 10% of global revenue, whichever is greater, once the rules come into effect. A consultation to gather feedback will run until October 2, before setting out final decisions in 2027. The proposals set out 40 measures for major platforms to adopt to protect their users from falling victim to scammers.
Cross-referenced from 4 sources.
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Firms could face fines of up to £18 million or 10% of global revenue, whichever is greater, once the rules come into effect.
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A consultation to gather feedback will run until October 2, before setting out final decisions in 2027.
according to The IndependentThe proposals set out 40 measures for major platforms to adopt to protect their users from falling victim to scammers.
according to The Independent
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Firms could face fines of up to £18 million or 10% of global revenue, whichever is greater, once the rules come into effect.
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