European Commission mandates risk reports from major online platforms
The European Commission has announced that the first 19 designated very large online platforms (VLOPs) and very large search engines (VLOSEs) must publish their inaugural annual risk assessment and audit reports under the Digital Services Act (DSA). These reports are required to detail the providers' assessments of risks stemming from their services, such as illegal content dissemination and threats to minors, as well as outline mitigation measures. The Commission aims to foster greater transparency and accountability in the tech sector through these publications, with stakeholder workshops planned for early 2025 to discuss the findings.