The Government should not allow online companies to ignore legislation designed to protect consumers from harm. The Government should ensure that financial services advertising regulations apply also to online companies, and that the FCA has the necessary powers to effectively enforce the regulations.

The Government should not allow online companies to ignore legislation designed to protect consumers from harm. The Government should ensure that financial services advertising regulations apply also to online companies, and that the FCA has the necessary powers to effectively enforce the regulations. Type: recommendation | Number: 17 | Paragraph: 96 | Response status: not_addressed Government response: We note that the Committee’s report recommended that the Government should ensure that financial services advertising regulations apply online and that the FCA has the necessary powers to effectively enforce the regulations. We would like to clarify our view of existing regulation in this area. Unde