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ARTICLE · 13 NOVEMBER 2024

New Ofcom Rules Set To Bring Changes To Social Media

The U.K. is introducing regulations to allow multi-employer Collective Defined Contribution (CDC) pension plans, offering pooled investment advantages and predictable contributions for employers. Employers can tailor benefits within a collective plan, with new roles and actuarial tests for sustainability. The consultation closes on November 19, 2024, with legislation expected in 2025. Employers should monitor these developments and assess potential participation.

United KingdomMedia, Telecoms, IT, Entertainment
Johnson Law Group
Johnson Law Group

Social media companies are under increasing pressure as Ofcom, the UK's communications regulator, prepares to enforce new rules designed to keep children safe online. With the Online Safety Act coming into effect early next year, platforms like Facebook, Instagram, and WhatsApp will face significant consequences if they fail to protect young users from harmful content.

Key Responsibilities for Social Media Platforms

Ofcom's chief executive made it clear that the responsibility for ensuring online safety lies squarely with the companies, not with parents or children. Under the new Online Safety Act, firms will be required to safeguard children from exposure to harmful material, including self-harm content, pornography, and violent material. If companies fall short, they could face hefty fines or even risk having their services blocked in the UK.

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