Ireland has put a law to force technology companies to examine ads before publishing them, . This is part of a larger batch of the European Union Committee to make technical entities responsible for the financial fraud that takes place on its platforms. It also comes at a time when President Trump began pushing the European Union to expand the scope of organization .
While the European Union Committee’s proposal would actually put companies on financial fraud, the Ireland plan hopes to progress in all of this. It seems to stop the fraudulent ads before publishing them. The Irish Ministry of Finance submitted an amendment to the current European Union’s proposal that would force technology platforms to verify the legitimacy of advertisers before publishing their ads.
The amendment will also make it, so that only registered financial service providers can publish these types of ads. Bank Ireland says more than 75 percent of losses last year came from investment fraud, which was often linked to advertisements on social media. These ads can be published at any time, and most importantly, download at any time. This allows publishers to avoid legal scrutiny after damage. The data indicates that the online fraudsters defrauded almost Europeans
“We cannot leave clear holes in the legislation that allow criminals to defraud people from their lives.”
Google refused to discuss this procedure, but she was told foot It fights “financial fraud in advertisements through our tools, individuals and policies.” It is true that it works Financial Services Certificate Program To help combat fraud. Meta refused to comment. We have discouraged the two companies and we will update this post if we hear again.
About half of the European Union countries expressed its support for the proposed amendment in Ireland, although there is an obstacle to overcoming it. The European Union Committee has already has a ruling in This says that technology companies are not required to monitor content on a large scale, although supporters of the Irish initiative have been stated that the requirements of veterinarians can be designed in a way that is compatible with the current law.
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