Anti-Financial Crime & Financial Crime Compliance
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Financial Services

ANALYSIS: Meta fails to convince AFC community it’s doing enough to fight fraud

A smartphone with Facebook's logo is seen in front of displayed Facebook's new rebrand logo Meta in this illustration taken October 28, 2021

By Carlo Boffa, EU Correspondent

AS fraud becomes a central focus for the anti-financial crime community, one company is coming under increased scrutiny: Meta.

For years, online platforms have escaped any attempt to hold them responsible for malicious adverts posted on their websites. But this is changing, with more calls for these companies to step up their engagement in fighting financial crime.

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