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The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo
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June 30 (Reuters) - Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will need to be verified by the regulator before they can advertise.
Britain s financial watchdog issued 1,200 consumer warnings last year about scams advertised via social media platforms by fake companies, double the number in 2019. read more
Google, which is part of U.S. tech giant Alphabet Inc (GOOGL.O), said in a blog post it will begin enforcing the new policy, which follows calls from the Financial Conduct Authority (FCA) to vet paid promotions, from Sept. 6.
Fund management companies still failing customers, warns watchdog
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Google Vows to Target Online Financial Scams in Britain
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