Australia: Australian Securities and Investments Commission announced investigation into finfluencers over alleged unlicensed financial advice
Description
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…
Scope
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
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body