NEW: Market regulators from six countries are cracking down on the illegal promotion of financial products by influencers on social media https://t.co/Wr8sgQLF5g
International crackdown targets influencers promoting financial products https://t.co/RKoMGuKgiP https://t.co/GTeVMdL7jq
Des arrestations, des centaines de contenus visés et des plateformes dans le viseur : les régulateurs internationaux intensifient leur lutte contre la promotion illégale de placements risqués… ➡️ https://t.co/Rbdhzpm9XY https://t.co/Rbdhzpm9XY
The UK's Financial Conduct Authority (FCA) is leading an international investigation targeting influencers who promote financial products on social media without proper authorization. This crackdown involves market regulators from six countries collaborating to address illegal financial promotions. The FCA plans to issue 650 requests to social media platforms to remove unauthorized content. The coordinated effort also includes arrests and focuses on removing hundreds of targeted posts, aiming to curb the promotion of risky financial investments across multiple jurisdictions.