Australia: Australian Securities and Investments Commission investigation into finfluencers over alleged unlicensed financial advice
Progress
Current status
under deliberation
24 Apr 2026 under deliberation
Scope
Implementers
Australia
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
platform intermediary: user-generated content
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Australian Securities and Investments Commission announced investigation into finfluencers over alleged unlicensed financial advice
On 24 April 2026, the Australian Securities and Investments Commission (ASIC) announced an investigation into finfluencers over alleged provision of unlicensed financial advice and misleading or deceptive conduct, as part of the second Global Week o…
Event type
investigation
Action type
announcement
Government branch
executive
Government body
other regulatory body