UK Regulator Uncovers Over 1,000 Illegal Financial Advertisements on Meta Platforms

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Meta Under Fire: UK Regulator Finds Over 1,000 Illegal Financial Ads on Platforms

The watchdog identified 1,052 ads in a single week in November promoting foreign exchange trading and complex financial instruments by advertisers not authorised to offer such services.

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Storyboard•18-03-2026, 13:20

Meta Under Fire: UK Regulator Finds Over 1,000 Illegal Financial Ads on Platforms

•UK's Financial Conduct Authority (FCA) found Meta failed to block 1,052 illegal financial ads in one week.
•56% of flagged ads came from entities previously reported to Meta, raising enforcement questions.
•Review focused on Facebook, Instagram, and WhatsApp due to high share of suspicious financial promotions.
•Regulatory gaps in UK law delay penalties for platforms hosting paid scam ads until at least 2027.
•Inconsistent controls: a suspicious ad approved in UK was blocked in Australia due to stricter regulations.

Read Full Article on Storyboard in English

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