Understanding the DSA

The Digital Service Act (DSA) in Europe is effective for all marketplaces from February 2024

Our DSA-ready compliance toolkit allows you to automate all onboarding & reporting requirements related to DSA

What it is...

The DSA establishes a comprehensive framework for online intermediaries, aiming to create a safer, fairer, and more accountable digital environment.
Its key objectives include:

Combating the spread of illegal and harmful content
:
(terrorism, hate speech, child sexual abuse material).

Reducing the dissemination of disinformation
and fake news.

Ensuring transparency and accountability
for online platforms.

Creating a level playing field for smaller platforms and businesses

Failure to comply with the DSA can lead to significant consequences, including hefty fines, restrictions on operating within the EU, and reputational damage.
However, beyond compliance, embracing the DSA's principles offers numerous benefits including:

Enhanced user trust and satisfaction: Users increasingly value platforms that actively take steps to protect them from harmful content and misinformation.

Improved brand reputation:
Demonstrating compliance showcases your commitment to responsible online practices

Increased innovation and competitiveness: The DSA fosters a level playing field, creating opportunities for smaller businesses and innovative solutions.

Why it is important...

Consequences include penalties and fines of up to 6% of global turnover or even bans on operating in the EU
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Tips for implementation...

Navigating the DSA's intricacies can seem daunting, but fear not!
Here are key steps to ensure smooth implementation and unlock its full potential:

1. Proactive Content Moderation:
Implement robust KYC/KYB solutions:
Partner with Supplied for reliable identity verification and AML checks, preventing illegal content and financial crime.

Utilize watchlist screening: Leverage our watchlist screening services to identify and remove users associated with harmful activities.

2. Transparency & Accountability:
Ensure data protection compliance:
Integrate our data verification and reporting solutions, guaranteeing data accuracy and transparency, aligning with the DSA's requirements.
Establish clear complaint and takedown mechanisms: We can work with you to develop user-friendly reporting systems, facilitating swift content removal and fostering accountability.

3. Seek Expert Guidance:
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: And benefit from our team of specialists offering tailored advice and support throughout your DSA journey.

Leverage our industry expertise: Tap into our extensive experience in data collection and verification to ensure effective implementation.

Remember: DSA compliance is not just a hurdle, but an opportunity to build trust, enhance brand reputation, and gain a competitive edge.

Disclaimer:
This information is for general awareness purposes only and should not be considered legal advice. For specific guidance on DSA compliance, consult with a legal professional.

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