Internet: Fraud

(asked on 19th November 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what plans he has to tackle financial crime in his forthcoming legislation on online harms; and if he will make a statement.


Answered by
Caroline Dinenage Portrait
Caroline Dinenage
This question was answered on 24th November 2020

The government is deeply concerned about the scale and growth of financial crime online, including online fraud.

We have consulted widely on the proposals set out in the Online Harms White Paper. We are clear that regulation must be proportionate and targeted. The new regulatory framework will not duplicate existing government activity or impose undue burdens on companies in scope. We will be setting out further details on the scope of regulation in the full government response to the Online Harms White Paper consultation, which will be published this year.

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