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Influencers agree the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators

But they say MAS guidelines will make them more careful about the clients they choose to work with

MAS' guidelines set out safeguards to address conduct risks in digital advertising, particularly on social media.

MAS rolls out digital ad guidelines for financial institutions, checklist for content creators

It also issues advisory letters to five content creators who may have provided financial advice without a licence

The lawsuit is Google’s second such test this year after the California-based tech juggernaut saw a similar government demand to split up its empire rejected by a judge earlier this month.

Google fights breakup of ad tech business in US court

GOOGLE faced a fresh federal court test on Monday as US government lawyers asked a judge to order the breakup of the search engine giant’s ad technology business.

While the government has temporarily suspended access to online gambling platforms via e-wallets and super apps, ads promoting these sites remain visible on social media.

Philippines regulators scroll past online gambling ads on social media

Meta and X still allow online gambling ads, as long as promoters seek authorisation from them

Meta’s investors can rest easy knowing the company has yet another platform to capitalise on as CEO Mark Zuckerberg spends heavily on AI.

WhatsApp’s ‘no ads’ promise meets Meta’s reality

After a decade, Mark Zuckerberg gets a new revenue stream while a founding pledge of the chat app crumbles