Quilter urges Government crackdown on investment scams in Online Safety Bill

Feeney pushes for 'robust consumer protections'

Mike Sheen
clock • 2 min read
Quilter CEO Paul Feeney
Image:

Quilter CEO Paul Feeney

Quilter has called upon the Government to take action to clamp down on the dramatic rise in online investment scams over the past year by including these and other financial harms within the scope of the forthcoming Online Safety Bill.

In a letter to Prime Minister Boris Johnson and Minister for Digital and Culture Oliver Dowden, Quilter CEO Paul Feeney warned that the proposed solution to the problem, the Online Advertising Programme,...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

Comments from the public have been requested on more than 20 questions and will be accepted for three months.

Fed issues discussion paper and asks for feedback on digital currency

No outcome favoured

James Baxter-Derrington
clock 21 January 2022 • 1 min read
$2.3trn market cap

Bank of Russia calls for all-out ban on cryptocurrencies

High volatility and fraud

clock 20 January 2022 • 1 min read
Andrew Bailey questioned before Treasury Committee

Energy prices and labour supply threaten financial stability says Bank of England governor

Treasury Committee meeting addresses inflation

Georgie Lee
clock 19 January 2022 • 2 min read
Trustpilot