Quilter urges Government crackdown on investment scams in Online Safety Bill

Mike Sheen
clock • 2 min read

Quilter has called upon the Government to take action to clamp down on the dramatic rise in online investment scams over the past year by including these and other financial harms within the scope of the forthcoming Online Safety Bill. In a letter to Prime Minister Boris Johnson and Minister for Digital and Culture Oliver Dowden, Quilter CEO Paul Feeney warned that the proposed solution to the problem, the Online Advertising Programme, will not "provide the robust consumer protections required". It follows similar calls from the Financial Conduct Authority (FCA), which in September ur...

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