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FCA to publish social media guidance next year


The regulator has been in talks with firms over their increased use of social media and how it fits with regulation.

FCA spokesman said the guidance had not stemmed from any particular concern but was in response to increased questions from firms.

He said: ‘We are developing social media guidance in response to the financial services industry but also because we are fully aware about the increased use of social media.’

The guidance is due to be published in the first quarter of 2014.

Source: City Wire

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