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Financial fraud should be included in UK’s online safety bill, bank lobby group says

( March 25, 2021, 12:36 GMT | Official Statement) -- MLex Summary: Investment scams and other types of fraud should be included in the UK government’s online safety bill, with online platforms made responsible for advertisements placed on their sites, UK Finance said today. The lobby group’s call mirrors that of the Financial Conduct Authority, which has urged search engines and social-media platforms to take responsibility for fraudulent content. UK Finance said today that criminals operating online have exploited the Covid-19 pandemic, with a hefty rise in scams targeting consumers.Statement follows...

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