Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >EU Parliament pushes for age limits on social media to safeguard minors
    Finance

    EU Parliament Pushes for Age Limits on Social Media to Safeguard Minors

    Published by Global Banking & Finance Review®

    Posted on December 8, 2025

    2 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Featured image depicting the MeridianLink logo, highlighting the company's acquisition by Centerbridge Partners for $2 billion. This deal signifies a growing trend in private equity buyouts within the finance sector.
    MeridianLink financial software firm announcement of $2 billion acquisition by Centerbridge - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:social developmentfinancial communitypublic policy

    Quick Summary

    The EU Parliament seeks to implement age limits on social media to protect minors' mental health, proposing bans for children under 16 without parental consent.

    EU Parliament Advocates for Age Limits on Social Media Use

    By Philip Blenkinsop

    BRUSSELS (Reuters) -The European Parliament called on Wednesday for the European Union to set minimum ages for children to access social media, to combat a rise in mental health problems among adolescents from excessive exposure.

    The call, which is not binding, comes as Australia is poised to institute the world's first social media ban for children younger than 16 and as Denmark and Malaysia also plan bans.

    French President Emmanuel Macron has previously called for EU regulation to ban social media for children under 15, although it is not quite clear how the EU would carry this out, given it is up to individual EU members to impose age limits.

    Parliament's resolution, backed by 483 votes to 92, with 86 abstentions, called for an EU-wide ban on access for children under 16 to online platforms, video-sharing sites and AI companions without parental consent and an outright ban for those younger than 13.

    "We are in the middle of an experiment, an experiment where American and Chinese tech giants have unlimited access to the attention of our children and young people for hours every single day almost entirely without oversight," Danish lawmaker Christel Schaldemose, the resolution's sponsor, told the parliament in a debate on Tuesday.

    Schaldemose said those behind the experiment included X boss Elon Musk and Meta's Marc Zuckerberg and China's Communist Party and "their tech proxies at TikTok".

    The effects of social media on children's health and safety have become a growing global concern, with companies including TikTok, Snapchat, Google and Meta Platforms - the operator of Facebook, Instagram, and WhatsApp - facing lawsuits in the United States for their role in fuelling a mental health crisis. 

    Parliament's resolution also called for a ban on loot boxes, virtual items that can be won or bought with real money, and on engagement-based recommender algorithms for minors, as well as legislation to require age-appropriate content design.

    "With this report, we finally draw a line. We are saying clearly to the platforms 'You're services are not designed for children and the experiment ends here'," Schaldemose said.   

    (Reporting by Philip Blenkinsop)

    Key Takeaways

    • •The EU Parliament calls for age restrictions on social media.
    • •Proposed bans target children under 16 without parental consent.
    • •Resolution aims to address mental health concerns among minors.
    • •The call is non-binding and requires individual EU member action.
    • •Additional bans on loot boxes and engagement algorithms are proposed.

    Frequently Asked Questions about EU Parliament pushes for age limits on social media to safeguard minors

    1What is social media?

    Social media refers to online platforms that allow users to create, share, and interact with content and other users. Examples include Facebook, Instagram, Twitter, and TikTok.

    2What are age limits on social media?

    Age limits on social media are restrictions set by platforms to prevent users below a certain age from accessing their services, aimed at protecting minors from potential harm.

    3What are loot boxes?

    Loot boxes are virtual items in video games that players can purchase or earn, containing randomized rewards. They have raised concerns regarding gambling-like mechanics, especially for minors.

    4What is parental consent?

    Parental consent is the permission granted by a parent or guardian for a minor to engage in certain activities, such as accessing social media platforms.

    More from Finance

    Explore more articles in the Finance category

    Image for Germany unveils climate plan to cut emissions, fossil fuels
    Germany Unveils Climate Plan to Cut Emissions, Fossil Fuels
    Image for Sterling steady as traders remain cautious about efforts to end Iran war
    Sterling Steady as Traders Remain Cautious About Efforts to End Iran War
    Image for Dutch gas storage levels hit lowest level in years
    Dutch Gas Storage Levels Hit Lowest Level in Years
    Image for London's FTSE 100 climbs on prospects of Middle East ceasefire 
    London's FTSE 100 Climbs on Prospects of Middle East Ceasefire 
    Image for Analysis-Ukraine faces new Russian offensive as peace talks stall
    Analysis-Ukraine Faces New Russian Offensive as Peace Talks Stall
    Image for German army eyes AI tools to expedite wartime decision-making
    German Army Eyes AI Tools to Expedite Wartime Decision-Making
    Image for Hungary to curb gas flows to Ukraine until Druzhba oil flows resume, Orban says
    Hungary to Curb Gas Flows to Ukraine Until Druzhba Oil Flows Resume, Orban Says
    Image for NatWest to sell HR consultancy unit Mentor in streamlining push, Sky News reports
    NatWest to Sell HR Consultancy Unit Mentor in Streamlining Push, Sky News Reports
    Image for Italy's growth outlook darkens due to Iran conflict, business lobby says
    Italy's Growth Outlook Darkens Due to Iran Conflict, Business Lobby Says
    Image for Denmark's prime minister hands in government resignation after election defeat
    Denmark's Prime Minister Hands in Government Resignation After Election Defeat
    Image for ECB's Lane flags selling prices and wages as key indicators
    ECB's Lane Flags Selling Prices and Wages as Key Indicators
    Image for UK house prices rise by least since September 2024 in January
    UK House Prices Rise by Least Since September 2024 in January
    View All Finance Posts
    Previous Finance PostBank of England's Taylor Expects Inflation to Fall to Target 'in the Near Term'
    Next Finance PostUK Obr Downgrades 2026 Growth Forecast to 1.4%