The proposal comes from the government’s ‘Creative Industries Task Force’.
Its aim is to boost consumer trust and confidence in e-commerce across national boundaries and help create new opportunities both for UK creative industries and consumers.
The ‘Trust EU’ hallmark would indicate that the company carrying it:
followed EU consumer protection legislation;
respected consumer privacy;
had effective security practices;
had clear policies on contracts and dispute resolution.
Smith said: ‘Almost 10 million people are now using the Internet. In the near future, the internet will be accessible by digital TV.
‘The internet offers significant commercial opportunities for our creative industries, both within the UK and further afield. This is particularly significant as on-line transactions become more widely recognised.
‘We must find ways to ensure that creative businesses, organisations and consumers feel confident in fully exploiting the exciting opportunities that e-commerce brings and to underpin Britain’s position as a world leader in this field.’
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union