Social media platforms must verify advertisers’ identities under new Singapore code
Platforms must verify advertisers and block scam-linked ads, and noncompliance can bring fines of up to $1 million, police said.
8 Articles
8 Articles
Social media platforms must verify advertisers’ identities under new Singapore code
Facebook, Instagram and TikTok must verify advertisers and block unlicensed financial ads by January 2027 to reduce scam risks under Singapore’s new Social Media Code. Read more at straitstimes.com.
Singapore wants Facebook, Instagram and TikTok to verify advertisers under new anti-scam rules
Singapore has introduced new anti-scam rules requiring major social media, messaging and e-commerce platforms to verify advertisers, restrict suspicious contacts and strengthen account security. The post Singapore wants Facebook, Instagram and TikTok to verify advertisers under new anti-scam rules appeared first on MEDIANAMA.
Singapore Orders Meta, TikTok to Vet Financial Ads by 2027
Singapore is putting the licensing check for financial-services advertising directly on Facebook, Instagram and TikTok, giving the three platforms until 31 January 2027 to stop financial ads from reaching Singapore users unless the advertiser has the required local authorization. The Singapore Police Force's Online Criminal Harms Act Office issued the requirement under a new Code of Practice for Social Media Services. The code was issued on Augu…
Singapore Orders Facebook, Instagram and TikTok to Block Unauthorized Financial Ads
Singapore said yesterday (Tuesday) that Facebook, Instagram and TikTok must block financial-services ads from providers that lack local authorization. The platforms have until Jan. 31, 2027, to comply.For brokers, crypto firms and trading promoters, the rule sets a new condition for paid access to Singapore users. Overseas incorporation is not the deciding factor. The advertiser must hold the relevant local license or act with the authority of a…
Social media platforms must step up to stamping out showing illegal activities – Lynch
A stronger response to the online promotion of dangerous and illegal activities must be demonstrated by social media companies, a Fine Gael Senator has said. Senator Eileen Lynch said the EU’s Digital Services Act provides an important framework for dealing with illegal content online and said it is unclear whether those mechanisms are […] The post Social media platforms must step up to stamping out showing illegal activities – Lynch appeared …
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