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RegulationsMarch 26

FCA publishes new guidance for ‘finfluencers’

Last year the UK regulator removed more than 10,000 misleading adverts, up from around 8500 in 2022
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FCA publishes new guidance for ‘finfluencers’Image: Getty Images

The Financial Conduct Authority has published new guidance for social media influencers promoting financial services and products. 

The guidance does not create new obligations for financial companies but clarifies how promotion of financial products should be communicated on social media.

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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