Post by Founders Law

🚨 WANTED: Authorisation 🚨 Crime: Unauthorised Financial Promotion Scene: Instagram Court: Southwark Crown Court Seven influencers have been sentenced after pleading guilty to promoting an unauthorised forex trading scheme, they include: Biggs Chris. Jamie Clayton. Lauren Goodger. Rebecca Gormley. Yazmin Oukhellou. Scott Timlin. Eva Zapico. Their combined following? 4.5 million. Regulatory approval? Missing in action 😜 But here’s what actually matters: In the UK, financial promotions are governed by the Financial Services and Markets Act 2000. If you’re promoting an investment product, you must either: 1️⃣ Be authorised by the FCA, or 2️⃣ Have the promotion approved by someone who is. No approval = criminal offence. And yes, that's the case even if it’s “just a post.” And... even if it says #ad. The FCA has made it clear that influence doesn’t sit outside regulation. Social media is not a regulatory loophole. For founders, fintechs and brands working with influencers, this is your reminder: 📣 Marketing might be creative, but unfortunately, financial services law is not. Before you hit publish, make sure someone authorised has given you the green light 🟢 . Because in finance, compliance isn’t optional. It’s the difference between a campaign and a court date. Need bespoke support, drop us a line [email protected] #PoweringTheHyperAmbitious #Fintech #FCARegulation Amy Parkinson