FCA steps up action against misleading financial adverts

News Financial services Sanctions & Fines

Date: 7th Feb, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On February 7, 2025, the Financial Conduct Authority issued an update regarding FCA steps up action against misleading financial adverts. The regulator intervened in nearly 20,000 financial promotions in 2024, with concerns raised about cryptoasset, debt solutions, and claims management company (CMC) promotions. This marked a significant increase from 2023, with the FCA urging social media platforms to prevent illegal financial promotions."

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Financial Conduct Authority

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FCA steps up action against misleading financial adverts

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FCA steps up action against misleading financial adverts

Brief

Financial Conduct Authority

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