Meta Platforms, the parent entity of social media platforms Facebook, Instagram and WhatsApp, has reportedly mandated Securities and Exchange Board of India (SEBI) registration verification for all securities and investment-related advertisements.
WhatsApp, Facebook and Instagram have to comply with the mandate by July 31, the Hindu BusinessLine reported, citing Meta’s updated service requirements for advertisers targeting users in India.
In cases where SEBI registration is not required, advertisers may opt for alternate verification options such as business or identity verification.
Inc42 has reached out to Meta for comments on the development. The story will be updated based on the response.
These ads would have the disclosure of the verified information, which aligns with the regulator’s earlier direction to advertisers to register themselves with the social media platforms.
Meanwhile, the move is expected to severely impact influencers active on social media, the report cited experts familiar with the matter.
(The story will be updated soon.)
The post Meta Mandates SEBI Verification For Investment Ads In India appeared first on Inc42 Media.
You may also like
Samay Raina's secret connection with Hyderabad will surprise you!
Senior Citizens: Senior citizens are in for a treat, this bank announced bumper interest on 555 days FD..
She promised never to cry after losing her right hand at 13, then scored 92% in boards and later rewrote medical history
General Knowledge- This country has the most satellites orbiting in space, know which are those countries
King Charles arrives in Scotland to take part in key ceremony
