March 21, 2022 BY Steffy Bogdanova

ASIC issues guidance outlining how financial services laws applies to influencers

The information sheet ASIC published highlights the activities where influencers can breach the legal requirements if they are unaware including financial product advice, dealing by arranging and misleading or deceptive conduct. The regulator has also explained issues influencers may consider such as whether an AFS licence is needed, getting familiar with relevant regulatory guidance and…

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