"Securities and commodities": 1100% growth in requests for financial influencer accreditation

Abu Dhabi, 8 October / WAM / The Securities and Commodities Authority announced a record jump in the accreditation of financial influencers, as it recorded an exceptional 1,100% increase in accreditation applications.

In a press release issued today, the Authority confirmed that a wide segment of financial content pioneers have taken the initiative, since the launch of this pioneering regulatory initiative, to register and comply with the approved controls, which reflects their awareness of the pivotal role they play in promoting financial culture, protecting investors and raising the level of financial awareness among the public.

According to the Authority, the strong interaction from financial influencers embodies a major regulatory success that enhances the UAE’s global leadership in developing financial legislation and establishing standards of governance and innovation in the digital sector.

His Excellency Walid Saeed Al-Awadhi, CEO of the Authority, said: We are facing a pivotal transitional stage in the development of the digital financial environment, as financial influencers have become active partners in building a transparent and responsible investment environment.

He stressed that the unprecedented demand for registration reflects the awareness of the new generation of content makers dedicated to establishing credibility and promoting a culture of compliance and integrity. The Authority remains committed to supporting innovation and strengthening the governance system to contribute to a safe, sustainable and flexible financial future for the UAE.

To further enhance the participation of financial influencers in this initiative, the Authority has launched a set of high-impact regulatory incentives, including an exemption from registration, renewal and legal consultation fees for a period of three years.

These measures aim to encourage broader participation in digital finance activities within a flexible and adaptable legislative framework.

This initiative is a global model for integration between technology and governance, which enhances the UAE’s leadership in shaping the future of the digital economy.

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