The ABI welcomes the announcement from DCMS to include paid-for scam adverts in the Online Safety Bill.
James Dalton, ABI Director of General Insurance Policy, says:
“We wholeheartedly welcome the changes to the Online Safety Bill and are pleased the Government has listened to the many different sectors and organisations, including our own, which have called for paid-for fraudulent adverts to be stopped on social media platforms and search engines. It’s essential this happens to prevent vulnerable customers being scammed and to ensure the Bill meets its central objective of making the UK the “safest place in the world to be online”. We will analyse this complex Bill when it is introduced into Parliament to ensure that no gaps are left for scammers to exploit and that Ofcom is given the necessary enforcement powers to punish those that break the law.”
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