The Securities and Commodities Authority (SCA) has reported a 1,100 per cent increase in applications for its newly launched “Financial Influencer” accreditation programme, marking a significant development in the regulation of digital finance in the United Arab Emirates.
This increase follows the introduction of a regulatory framework designed to formalise the role of financial content creators in the UAE’s investment landscape.
The framework aims to enhance investor protection, financial literacy, and public awareness by ensuring influencers adhere to clear compliance guidelines.
Financial influencer applications surge after SCA launches new regulatory framework
According to the SCA, the response from content creators spans a wide range of financial sectors and reflects an effort by participants to align with national standards on transparency and accountability.
“We are at a transformative juncture in the digital financial ecosystem, where financial influencers act as essential partners in building a transparent and responsible investment environment. The unprecedented demand for accreditation reflects the awareness and commitment of a new generation of content creators dedicated to fostering credibility and promoting a culture of compliance and integrity. The SCA remains committed to fostering innovation and enhancing the governance framework to contribute to a secure, sustainable and resilient financial future for the UAE,” Waleed Saeed Al Awadhi, CEO of the SCA said.
To support broader participation in the regulatory initiative, the SCA has introduced a package of incentives, including a three-year exemption from registration fees, renewal charges, and legal advisory costs.
These measures are intended to encourage engagement with digital finance activities within a flexible legislative framework.
The regulatory framework is part of the UAE’s strategy to advance its digital economy. The SCA noted that the initiative also serves as a benchmark for integrating technology and governance, positioning the UAE as a global reference point for digital finance legislation.
The SCA reaffirmed its commitment to enhancing the governance structure and encouraging innovation in financial markets to contribute to a secure and sustainable economic future.
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