{"id":12636,"date":"2025-05-28T08:12:48","date_gmt":"2025-05-28T08:12:48","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=26374"},"modified":"2025-05-28T08:12:48","modified_gmt":"2025-05-28T08:12:48","slug":"uae-launches-regions-first-finfluencer-license","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/uae-launches-regions-first-finfluencer-license\/","title":{"rendered":"UAE Launches Region\u2019s First Finfluencer License"},"content":{"rendered":"

The Securities and Commodities Authority<\/a> (SCA) of the UAE has officially introduced the region\u2019s first \u201cFinfluencer\u201d license, marking a significant step in regulating and supervising digital financial content.<\/p>\n

This initiative aims to establish a formal governance framework for individuals providing investment analysis, recommendations, and financial promotions via digital platforms.<\/p>\n

The measure is intended to strengthen investor protection across the UAE\u2019s capital markets.<\/p>\n

Waleed Saeed Al Awadhi, Chief Executive Officer of the SCA, commented on the development, stating,<\/p>\n

\"Waleed
Waleed Saeed Al Awadhi<\/figcaption><\/figure>\n
\n

\u201cIntroducing the Finfluencer license is not merely a regulatory measure; it is a strategic move to redefine the role of regulators in the digital economy. Through this initiative, the SCA aspires to elevate global benchmarks of market integrity, foster transparency, and nurture a disciplined and trustworthy financial environment.<\/p>\n<\/blockquote>\n

The launch of the Finfluencer license forms part of a broader set of incentive measures adopted by the SCA to modernise its regulatory framework in response to the dynamic nature of digital finance.<\/p>\n

As part of this effort, the SCA has waived registration, renewal, and legal consultation fees related to this service for a period of three years.<\/p>\n

This move is aligned with the UAE government\u2019s wider efforts to reduce administrative barriers and encourage innovation within a sound legal and regulatory context.<\/p>\n

The license is available to individuals who provide financial or investment recommendations related to regulated products or entities in the UAE, whether through digital or traditional media.<\/p>\n

Applicants must register with the SCA and adhere to relevant regulatory requirements to ensure high standards of investor protection and reinforce public confidence in local financial markets.<\/p>\n

A Finfluencer is defined as an individual registered with the SCA who provides recommendations on the purchase, sale, or retention of financial products or virtual assets.<\/p>\n

This may also include guidance on financial services or local financial instruments, delivered through traditional or digital media.<\/p>\n

This could involve social media content, blog posts, podcasts, participation in public forums, seminars or media appearances, as well as the provision of financial commentary, analysis, or opinion.<\/p>\n

Finfluencers engage the public through a variety of formats, sharing content that includes financial advice, information, discussions, and evaluations of investment opportunities or products relevant to the UAE market.<\/p>\n

 <\/p>\n

Featured image credit: Edited by Fintech News Middle East, based on image by Freepik<\/a><\/em><\/p>\n

The post UAE Launches Region\u2019s First Finfluencer License<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Securities and Commodities Authority (SCA) of the UAE has officially introduced the region\u2019s first \u201cFinfluencer\u201d license, marking a significant step in regulating and supervising digital financial content. This initiative aims to establish a formal governance framework for individuals providing investment analysis, recommendations, and financial promotions via digital platforms. The measure is intended to strengthen […]<\/p>\n

The post UAE Launches Region\u2019s First Finfluencer License<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,206,259],"tags":[],"class_list":["post-12636","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-dubai","category-securities-and-commodities-authority"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12636"}],"version-history":[{"count":1,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12636\/revisions"}],"predecessor-version":[{"id":12637,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12636\/revisions\/12637"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}