Eleventh Report - Economic Crime

Select Committee
Treasury Committee HC 145 2 February 2022
Report Status Government responded
Conclusions & Recommendations 56 items (36 recs)
Government Response (AI assessment · 56 of 56 classified)
Government response
Eighth Special Report - Economic Crime: responses to the Committee’s Eleventh Report · published 28 Apr 2022

Recommendations & Conclusions

1 results
18 Recommendation Accepted in Part
Para 97
It is not appropriate that online companies should profit both from paid-for advertising for financial...
Recommendation
It is not appropriate that online companies should profit both from paid-for advertising for financial products and from warnings issued on their platforms by the Financial Conduct Authority (FCA) about those advertisements. We urge all online companies to work constructively … Read more
Government Response Summary
The government agrees it's inappropriate for online companies to profit from both ads and warnings, notes Google offered advertising credits, but mentions struggling to engage with other platforms and that there will be no refund of past spending.
HM Treasury
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