The Online Safety Code will mark an end to the era of social media self-regulation, demanding platforms protect users, especially children, from harmful content.
Companies that breach the new rules will face fines of up to 20 million euros, or 10 percent of their annual turnover, whichever amount is greater.
Niamh Hodnett emphasized the commitment to ensure users know their online rights and the regulator's readiness to hold platforms accountable for their obligations.
The code applies to platforms with EU headquarters in Ireland, making them responsible for eliminating child sexual abuse content and cyber-bullying.
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