Regulatory Alerts2023-01-02
Added · Updated
Compilation of Securities Market Regulations - Definition of Qualified Investor
The Financial Services Superintendence incorporates Article 141.1 into the Securities Market Regulations to define qualified investors, including specific institutional categories and individuals meeting asset thresholds of 4,000,000 UI or income of 1,500,000 UI, plus professional experience or transaction history requirements. Article 162.1 exempts funds directed at qualified investors from standard investment limits. Articles 209.1 and 220.1 assign responsibility to securities intermediaries and fund administrators to verify client qualifications and conduct annual re-verification of compliance.
More like this from BCU
We email you every new BCU publication the day it's published.
Topics
Share