ESMA & AMF – Finfluencers & Responsible Financial Promotion
As financial content continues to grow on social media, regulators underline a key message: talking about investments comes with responsibility towards one’s audience. The guidance highlights in particular: ✔️ the need for clear, accurate and non-misleading communication, ✔️ full disclosure of any remuneration or benefits linked to promotions, ✔️ the importance of highlighting risks, not only potential returns, ✔️ the distinction between information, investment recommendations and regulated advice, ✔️ the obligation to fully understand financial products or services before promoting them, ✔️ compliance with national legal frameworks, including the French law of 9 June 2023 on commercial influence.