Sunday, June 22, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

ASCI to step up focus on prevention of misleading ads

by Meenakshi Verma Ambwani
October 1, 2022
in Business
Reading Time: 3 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


The Advertising Standards Council of India (ASCI) will be stepping up focus on prevention of misleading advertisements as well as evolving its guidelines in line with the fast-paced changes in the advertising sector. Over the past two years, the self-regulatory industry body has brought in several new guidelines to tackle issues in emerging areas such as real money gaming, crypto assets and influencers.

“I think the big focus for us will be prevention. We believe prevention is as important as corrective action and an important tool of self-regulation. So our key focus will be on education, guidance and training to support the industry to get it right. We want to create an advertising ecosystem that takes responsibility as seriously as it does creativity,” said NS Rajan, the recently-elected Chairman of ASCI.

Compromises consumer interest

In the digital age, often by the time a brand takes corrective action a large section of consumers may have already seen a misleading ad. Rajan pointed out that this compromises consumer interest and hence the focus on prevention is critical.

ASCI is already running initiatives like Advertising Advice and Endorser due-diligence and now plans to launch the ASCI Academy initiative soon. “With prevention as the big plank, we will now build a host of services under ASCI Academy in a formalised manner and this will be finalised over the next few weeks,” he added. The self-regulatory industry body expects its guidelines to also evolve with the fast-changing advertising ecosystem.

The advertising ecosystem, which has been following a self-regulation model to tackle misleading ads, is also now accountable to the Central Consumer Protection Authority (CCPA). Under the Consumer Protection Act, CCPA has released guidelines for prevention of misleading ads for brands and endorsers with penal provisions.

“In markets across the globe, self-regulatory bodies and regulators co-exist and work together because they have complementary strengths. We are working closely with various government ministries. Our role as a self-regulatory body is to generate awareness, prevent misleading ads and push for voluntary compliance. Self-regulation becomes the first line of defence. Government’s regulations act as a deterrent and some of the guidelines brought out by CCPA have overlaps with the ASCI code. Also ASCI is part of the I&B Ministry’s programming and advertising code,” Rajan stated. 

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on October 1, 2022





Source link

Tags: adsASCIFocusmisleadingpreventionstep
Previous Post

Prime Medicine Stock: A Gene Editing IPO

Next Post

United Parcel Service: Not The Best, But Still Worth Considering (NYSE:UPS)

Related Posts

Ahead of Market: 10 things that will decide stock market action on Monday

Ahead of Market: 10 things that will decide stock market action on Monday

by Riya Sharma
June 22, 2025
0

The Indian market ended within the inexperienced on Friday, snapping a three-day shedding streak, as a rally in monetary shares...

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

by zee business
June 22, 2025
0

The US army struck three websites in Iran early Sunday, inserting itself into Israel ’s conflict aimed toward destroying the...

Houthis threaten US warships in Red Sea if Trump backs Israel against Iran

Houthis threaten US warships in Red Sea if Trump backs Israel against Iran

by Euro Times
June 21, 2025
0

 The menace escalates tensions within the broader Center East as President Donald Trump continues to weigh a doable U.S. entry...

FATF Report Links Dual-Use Equipment Seized By India In 2020 To Pak’s Defence Agency

FATF Report Links Dual-Use Equipment Seized By India In 2020 To Pak’s Defence Agency

by PTI
June 21, 2025
0

A dual-use tools seized by India from a Pakistan-bound service provider vessel in 2020 is linked to Islamabad's Nationwide Improvement...

Belarus opposition leader Tikhanovsky freed from jail

Belarus opposition leader Tikhanovsky freed from jail

by Euro Times
June 21, 2025
0

One of many leaders of Belarus's opposition motion, Sergei Tikhanovsky, has been launched from jail in Belarus after being pardoned,...

Biocon Closes Rs 4,500-Crore QIP At 6% Discount To Last Closing

Biocon Closes Rs 4,500-Crore QIP At 6% Discount To Last Closing

by NDTV Profit Desk
June 20, 2025
0

Pharmaceutical main Biocon Ltd. accomplished elevating of Rs 4,500 crore by means of certified institutional placement, reported the corporate on...

Next Post
United Parcel Service: Not The Best, But Still Worth Considering (NYSE:UPS)

United Parcel Service: Not The Best, But Still Worth Considering (NYSE:UPS)

Edunomics | AIER

Edunomics | AIER

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Dogecoin Falls Below alt=

Dogecoin Falls Below $0.16: Here’s How Its Price Action Could Play Out

June 22, 2025
Bitcoin crashes on Iranian Parliament approval of Hormuz Strait closure

Bitcoin crashes on Iranian Parliament approval of Hormuz Strait closure

June 22, 2025
Armenian PM ‘Acts Like Dictator’

Armenian PM ‘Acts Like Dictator’

June 22, 2025
Top Wall Street analysts like these three stocks for long-term growth

Top Wall Street analysts like these three stocks for long-term growth

June 22, 2025
Trump’s Medicaid cuts would have vast ripple effects in this rural Colorado valley : Shots

Trump’s Medicaid cuts would have vast ripple effects in this rural Colorado valley : Shots

June 22, 2025
Why the Rolex rally is on pause in 2025

Why the Rolex rally is on pause in 2025

June 22, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Dogecoin Falls Below $0.16: Here’s How Its Price Action Could Play Out

Bitcoin crashes on Iranian Parliament approval of Hormuz Strait closure

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In