On 10 June Nikhil Rathi, the FCA’s CEO, appeared before the Treasury Select Committee. The opening volley of questions was focused on the risks presented by illegal financial promotions on social media and, relatedly, the...more
6/23/2025
/ Consumer Protection Laws ,
Enforcement ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Promotions ,
FinTech ,
Fraud ,
Influencers ,
OFCOM ,
Online Platforms ,
Regulatory Requirements ,
Social Media ,
UK
Social media raises a novel set of risks and challenges to effective financial services regulation, particularly in the field of consumer protection and market integrity. Specifically, regulators have expressed concerns...more
2/14/2024
/ Algorithms ,
Anti-Fraud Provisions ,
Compliance ,
Content Marketing ,
False Statements ,
Financial Conduct Authority (FCA) ,
Financial Promotions ,
Financial Services Industry ,
Market Abuse ,
OFCOM ,
Online Platforms ,
Regulatory Standards ,
Risk Management ,
Social Media