Regulatory Alerts2024-02-04
Guidelines on Categories of Sophisticated Investors
The Securities Commission Malaysia issued these Guidelines to define the specific categories and criteria for sophisticated investors under the Capital Markets and Services Act 2007. The document classifies sophisticated investors into three main groups: Accredited Investors, High-Net Worth Entities, and High-Net Worth Individuals, detailing the financial thresholds, income requirements, and professional qualifications necessary for each status. Issuers and intermediaries must ensure that investors self-declare their eligibility against these criteria at the point of onboarding before offering capital market products.
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