Wire · regulatory
Online platforms failing on scam ads, UK's Ofcom says as it unveils draft codes
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Fusion42 · 11 July 2026 · Fusion42 review
UK's Ofcom has unveiled draft codes of practice requiring online platforms to take stronger action against scam advertisements, citing widespread failures by Meta, Google, TikTok and others to adequately police fraudulent ads. The regulator is setting minimum standards for ad vetting, removal timelines, and transparency as platforms face pressure to combat financial crime.
This Wire brief sits within Fusion42's coverage of Adtech.
◆ ◆ The Wire takeaway
If you build ad-tech compliance, trust, or fraud detection tools for platforms, Ofcom just created a regulatory obligation where there was commercial discretion. Meta, Google and TikTok now have to buy better moderation—you're the vendor they call.
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1 source · 10 Jul 2026
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