The Qatar Financial Markets Authority (QFMA) and the Qatar Financial Centre Regulatory Authority (QFCRA) participated in the second International Week of Action, a global campaign initiated by the United Kingdom’s Financial Conduct Authority to tackle unlawful financial promotions on social media, including those by influencers. As part of the initiative, the Qatari authorities ran awareness campaigns aimed at helping consumers navigate risks from illegal products and services promoted online. The coordinated action ran from 20 to 24 April 2026 and involved 17 regulatory authorities globally, with participants undertaking enforcement actions, regulatory measures, consumer awareness campaigns and educational programmes encouraging finfluencers to act responsibly. In Qatar, the outreach highlighted scam types seen in the local market and the risks posed by firms offering illegal products and services and finfluencers who promote them. QFMA indicated it will continue cooperating with other financial regulators to strengthen consumer protection procedures and support a secure and transparent financial environment.
Qatar Financial Markets Authority 2026-04-23
Qatar Financial Markets Authority joins FCA-led International Week of Action with QFCRA to curb unlawful financial promotions by finfluencers
The Qatar Financial Markets Authority and the Qatar Financial Centre Regulatory Authority joined the second International Week of Action led by the UK Financial Conduct Authority to tackle unlawful financial promotions on social media, including by influencers. The Qatari authorities ran awareness campaigns on local scam types and risks from illegal products and services promoted online and said they will keep cooperating with other regulators to strengthen consumer protection and support a secure, transparent financial environment.