The FCA got tough on social media and misleading ads in 2022, a new report from the regulator shows. Last year, the FCA required firms to amend or remove 8,582 promotions, 14 times more than the 2021 total of 573, and well up on the 207 ads that were amended
FCA reports 1,398% increase in number of misleading ads blocked in 2022
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The financial watchdog found over 8,000 more misleading ads in 2022 than in 2021.