Source · Select Committees · Work and Pensions Committee
Recommendation 18
18
Paragraph: 74
On 15 December 2020 the Government announced its decision to bring forward legislation for the...
Recommendation
On 15 December 2020 the Government announced its decision to bring forward legislation for the Online Safety Bill but also signalled its intent to exclude financial harms from the scope of that legislation. It is notable that several public bodies, including the Financial Conduct Authority and National Economic Crime Centre, are openly saying that there is a better approach for the Government to take than the one it has chosen. We recommend that the forthcoming Online Safety Bill should legislate against online investment fraud.
Paragraph Reference:
74
Government Response
A response document is linked to this report, dated 6 July 2021. Response attribution to this recommendation has not been verified. Read the response document ↗