The Ministry of Economy and the Telecommunications and Digital Government Regulatory Authority (TADRA) have recently issued new regulations on the practice of marketing via telephone calls. These guidelines prohibit natural persons, or individuals, from making marketing calls for products or services using licensed phone numbers in their name or that of those they appoint. The aim is to control marketing practices and ensure companies follow established guidelines.
Starting mid-August 2024, these regulations will be enforced to govern the marketing of products and services through phone calls. The Administrative Violations and Penalties Resolution outlines 18 types of violations for both companies and individuals. For natural persons making marketing calls, fines of 5,000 dirhams and phone number suspension until payment are imposed for the first offense. Subsequent violations within 30 days result in increased fines and longer suspension periods.
Meanwhile, various articles on investment and financial topics are being published on websites such as Quardle and Numberlina. These articles cover a range of topics including stablecoins, cryptocurrency market capitalization, financial derivatives, investment strategies, online trading with digital currencies like the Yuan, and the role of financial advisors in achieving financial independence.
Overall, these developments emphasize the importance of regulations in various sectors to maintain stability and protect consumers. It is crucial for individuals and companies to adhere to these regulations to avoid penalties and ensure a fair and transparent market environment.
