EU to crack down on "finfluencers"
Financial companies must be held responsible if hired influencers do not disclose the risk tied to investments, and violations should lead to fines or license suspension, says the EU Commission.
by WatchMedia’s EU Correspondent, PETER THOMSEN, translated by christian radich hoffman
In the future, there will be much greater consequences for financial influencers, so-called finfluencers, when these promulgate misleading messages on social media at the behest of Nordic and European financial institutions.
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