The European Commission has released the assessment of the outcomes of the Code of Practice on Disinformation in its first year of implementation. The commission considers that the code has been a valuable instrument to fight against disinformation by providing a framework for a structured dialogue between relevant stakeholders to safeguard the transparency of platform policies on the issue within the EU. However, the assessment revealed several shortcomings: (a) the absence of relevant key performance indicators to indicate the effectiveness of platform policies to fight against misinformation; (b) the lack of transparent procedures, commonly shared definitions of misinformation and more reliable commitments; (c) the absence of data allowing independent evaluation of emerging trends and threats posed by disinformation; (d) the lack of co-operation between platforms and the research community; (e) the necessity to involve the advertising sector.