From shopping and investment scams to romance-based ones, imposters are thriving on social media, and your business could be one of the entities being impersonated.
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As consumers turn to social media for financial advice, the chances for fraud are a new reality. Global financial regulators have some plans for tackling the problem.
New framework requires digital services providers to pre-install online safety features into their services from the start, and work closely with parents and children to enhance digital literacy.
Our regular roundup of the latest news and developments from the FCA.
Regulators from Australia, Hong Kong, Brazil, Canada, India, the Gulf, and the UK took part in the second Global Week of Action Against Unlawful Finfluencers.
The government hopes the scheme will help assess the impact of online restrictions on children, including their sleep, family life, mental health, and schoolwork.
Social media and video sharing platforms operating in the UK have been asked to play their part in ensuring children's safety and wellbeing online, as regulators say current status-quo is not working.
Effects of gaming, restriction of AI chatbot features, and overnight curfews are being discussed as part of the consultation.