Geordie Shore star pleads guilty to illegal ‘finfluencing’ as FCA says social media giants must do more

Global regulators grow irritated by finfluencers

FCA leads week of action against illegal finfluencing activity The post Global regulators grow irritated by finfluencers appeared first on Investment Executive.

FCA orchestrates global action to stop illegal finfluencers

The FCA has headed up a cohort of 17 regulators worldwide who took part in a week of action against illegal finfluencers putting consumers' money at risk.   The exercise included enforcement activity, consumer awareness campaigns, and educational programmes for finfluencers who want to act responsibly. Activity in the UK saw the FCA: Secure a guilty plea from Geordie Shore’s Aaron Chalmers for illegal promotions on social media. Criminal procee…

Geordie Shore star pleads guilty to illegal ‘finfluencing’ as FCA says social media giants must do more

FCA Led Operation Targets Finfluencers After 1,267 Illegal Ads Reach 2.3M UK Users

The Financial Conduct Authority has coordinated a global enforcement effort targeting illegal financial promotions by so-called finfluencers. The action involved 17 regulators and began earlier this week. It is a coordinated operation spanning five continents and covering major retail trading hubs including Singapore, Hong Kong, the United Arab Emirates, Australia, and New Zealand. New Zealand’s Financial Markets Authority said it contacted 14 f…

FCA makes 120 account takedown requests to social media platforms hosting illegal finfluencer content

The UK Financial Conduct Authority (FCA) has led international action to stop illegal finfluencers putting consumers' money at risk. The post FCA makes 120 account takedown requests to social media platforms hosting illegal finfluencer content appeared first on FX News Group.