Andrew Bailey calls on tech giants to collaborate with the FCA to help protect consumers

Andrew Bailey calls on tech giants to collaborate with the FCA to help protect consumers

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Andrew Bailey calls on tech giants to collaborate with the FCA to help protect consumers

In this 2020 exit interview, Andrew Bailey, then-Chief Executive of the FCA, identifies the growing influence of Big Tech as a frontier for consumer protection. He explicitly calls on internet service giants, specifically Google, to collaborate on a standardized "evidential" process to rapidly remove fraudulent or misleading financial promotions.

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