Threads / Online Advertising Regulation / It is very disappointing to see that despite the numerous r…
Committee Material Published 24 Jun 2021 ↗ View on Parliament

It is very disappointing to see that despite the numerous representations made to the Government, measures to address fraud via online advertising have not been included in the draft Online Safety Bill. This is a missed opportunity to act and potentially help prevent another LCF-type event. The increasing frequency of fraudulent activity online that leads to scams and financial harm is alarming, and the Government must intervene as a matter of urgency.

It is very disappointing to see that despite the numerous representations made to the Government, measures to address fraud via online advertising have not been included in the draft Online Safety Bill. This is a missed opportunity to act and potentially help prevent another LCF-type event. The increasing frequency of fraudulent activity online that leads to scams and financial harm is alarming, and the Government must intervene as a matter of urgency. Type: recommendation | Number: 35 | Paragraph: 190 | Response status: not_addressed Government response: The inclusion of fraud in scope of the Online Safety Bill will have a real impact on protecting people from the devastating impact of scams posted on social media and dating sites. Furthermore, the Government is considering tougher regulation of online advertising, including regulations designed to