The Department of Finance had proposed tech companies be made to vet those who post adverts promoting financial investment schemes on social media platforms. Officials in the Department of Enterprise raised “serious concerns” about a Department of Finance proposal for new rules limiting who can promote financial investment opportunities online, internal emails show. Internal emails show the Department of Enterprise told finance colleagues they had a “major issue” with their proposal to tackle the problem. In an earlier email, Department of Enterprise officials said they opposed reforms that would create uncertainty for businesses. The wider update of EU financial regulations, through which Irish finance officials proposed the tougher rules cracking down on online scams, is still being debated in Brussels.

Source: The Irish Times November 15, 2025 07:31 UTC