FCA issues guidance on financial promotions via social media

Social media logos on a keyboard

Regulator says communications must be fair, clear and not misleading.

The Financial Conduct Authority (FCA) has published guidance about using social media for financial promotions following a consultation with the industry.

The guidance is designed to help firms ensure they are compliant with the regulator's financial promotion requirements.

Tracey McDermott, FCA director of supervision and authorisations, said: "Social media is already an important tool for industry to engage with customers and its use is only set to grow.

"Financial promotions, whether on

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