MARKET GUIDES

UAE regulates ‘finfluencers’ as users of digital finance grow

Approved finfluencers will be permitted to share investment insights and recommendations, with a three-year waiver on fees to spur registration

FADEL SENNA/AFP via Getty Images

A view of the Dubai skyline

Financial influencers are now required to register for official “Finfluencer” status with the UAE’s Securities and Commodities Authority.

The regulator has launched an official authorization scheme mandating compliance with strict content and conduct standards, in a move to...