News Financial Services The new rules set a dangerous precedent, big tech companies say. Social media has become rife with financial scams, and MEPs were determined to hold both Big Tech and banks liable during legislative negotiations. | Matt Cardy/Getty Images November 27, 2025 2:55 pm CET BRUSSELS — Platforms including Meta and TikTok will be held liable for financial fraud for the first time under new rules agreed by EU lawmakers in the early hours of Thursday. The Parliament and Council agr...