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UAE Introduces Finfluencer Licensing to Enhance Accountability in Social Media Investment Advice
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UAE Introduces Finfluencer Licensing to Enhance Accountability in Social Media Investment Advice

The United Arab Emirates has launched the region’s first licensing system for finance influencers, a significant step that wealth managers believe will provide “long overdue accountability” for social media financial content, which has often endangered investors. The UAE’s Securities and Commodities Authority (SCA) announced the new “finfluencer” license on Wednesday, establishing a regulatory framework for...