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Evening Standard
Evening Standard
Politics
Henry Saker-Clark

Andrew Bailey calls for clampdown on ‘downright criminal’ social media scams

Governor of the Bank of England Andrew Bailey (Henry Nicholls/PA) - (PA Wire)

The Governor of the Bank of England has called on social media companies to help address “downright criminal” activity on their platforms.

The head of the International Monetary Fund, Kristalina Georgieva, also warned on Wednesday that cyber fraud risks undermining trust in the financial systems.

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