⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Facebook expands rules on political ads to Canada and Ukraine

Published 2019-06-25, 11:00 a/m
© Reuters.  Facebook expands rules on political ads to Canada and Ukraine
META
-

SAN FRANCISCO, June 25 (Reuters) - Facebook Inc FB.O on Tuesday added Canada and Ukraine to the list of countries where advertisers looking to run political ads on its platform must first verify their identity and disclose who paid for the ads.

The company said in a statement it will begin monitoring ads in those two countries immediately "through a combination of automated and human review." It said it will begin enforcing the rules in Singapore and Argentina "within the next few months."

Under scrutiny from regulators since Russia used social media platforms for widespread meddling in the 2016 U.S. presidential election, Facebook has been rolling out ads transparency tools country by country since last year.

The rules - already in place in the United States, the European Union, Britain and India - require ads about politics, elections or "social issues" to be labeled as "paid for" and placed in a publicly searchable archive for seven years, along with information on who saw them and how much they cost.

Facebook said it was making its transparency tools available to advertisers in more than 190 countries, although verification was not yet a requirement in most of those places.

Canadian lawmakers have said the world's major social media companies, including Facebook, were not doing enough to help combat potential foreign meddling in Canada's general election in October.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.