SEBI Fines Finfluencer: In a landmark decision, the Securities and Exchange Board of India (SEBI) has levied a hefty penalty of Rs 6.5 crore on a finfluencer P R Sundar for providing faulty investment advice. This marks the first time SEBI has taken action against a finfluencer for violating investment advisory rules, sending shockwaves through […]
Social media influencers’ intellectual property issues
Protect yourself as a social media influencer! Learn about Social media influencers’ intellectual property issues and avoid copyright infringement, trademark infringement, and right of publicity issues. Social media influencers’ intellectual property issues Influencers may face a number of intellectual property (IP) issues, such as copyright infringement, trademark infringement, and right of publicity issues. Copyright infringement […]
What are the rules for UAE social media influencers?
Do you know the rules for UAE social media influencers? As social media influencers continue to gain popularity and influence in the United Arab Emirates (UAE), it is important for these individuals to understand and adhere to the rules and regulations set by the country’s authorities. Rules for UAE Social Media Influencers – Explained First […]
AiMCO releases two guides for influencers and brands
The Australian Influencer Marketing Council (AiMCO) has published two guidelines documents outlining influencer marketing advertising requirements related to responsible alcohol advertising, in response to concerns received from regulators. Regulatory bodies, including the Therapeutic Goods Administration (TGA), have issued guidance and warned creators and brands to ensure social media content complies with the legal framework. The AiMCO […]
Why do Influencers need Professional Legal help?
Believe it or not, the reality is Creators and Influencers need professional legal help to grow. With the current trend of online trolling, boycotts, and cancel culture, it becomes crucial for influencers to understand their legal rights and accountability when it comes to the transactional aspects of content creation and brand promotion. Social Media Influence […]
Influencers may face Prison and Fines of up to $1.3 million without License in KSA
Social Media Influencers may face Prison and Fines of up to $1.3 million for operating without an influencer license in the Kingdom of Saudi Arabia. If you are traveling to Dubai (UAE) or Saudi Arabia, avoid posting an ad on social media platforms if you don’t have a GCAM or UAE’s #NMC influencer license. After UAE, […]
Legal Compliance for Social Media Influencers
Legal Compliance for Social Media Influencers will be a top priority now after the new advertising guidelines by the Central Consumer Protection Authority (CCPA) came into force in June 2022. Social Media Influencers have to screen and check claims they make in ads or face legal consequences. An Advertising Standards Council of India (ASCI) report […]
Amitabh Bachchan social media posts may be removed under CCPA’s new advertising guidelines
Amitabh Bachchan social media posts may be removed under CCPA’s new advertising guidelines. Because, the new government guidelines prohibit people with large numbers of followers from promoting anything without a disclaimer. After the CCPA’s new advertising guidelines went into effect last month, endorsers, individuals, and influencers are being asked to review and verify the claims […]
TDS rule for social media Influencers 2022
Legislative reforms surrounding Influencer Marketing are gradually evolving in India. From Today, Social Media Influencers will have to deduct TDS @10% on freebies they receive from businesses for promotion, under Section 194R in the Income-tax Act, 1961. The Indian influencer marketing industry is valued at Rs. 900 crore and is expected to grow at a CAGR of 25 per cent to reach Rs 2,200 crore by 2025. The social […]