High Net Worth Individual & Sophisticated Investor Declaration
Self-Certified High Net Worth Individual, Investment Professional & Self-Certified Sophisticated Investor Declaration
Statement for Self-Certified High Net Worth Individual
I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
I understand that this means:
- I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
- the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
- by signing this statement, I may lose significant rights;
- I may have no right to complain to either of the following– (i) the Financial Conduct Authority; or (ii) the Financial Ombudsman Scheme;
- I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a certified high net worth individual because at least one of the following applies:
- I had, during the financial year immediately preceding the date that I make this certification, an annual income to the value of £100,000 or more;
- I held, throughout the financial year immediately preceding the date that I make this certification, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
- the property which is my primary residence, or any loan secured on that residence;
- any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (a); or
- any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments (including unregulated investment schemes).
By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
Statement for Investment Professional
I confirm that I am an “investment professional” (as defined below) for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. “Investment professional” means:
1. an authorised person;
2. an exempt person where the communication relates to a controlled activity which is a regulated activity in relation to which the person is exempt;
3. any other person -
- whose ordinary activities involve him in carrying on the controlled activity to which the communication relates for the purpose of a business carried on by him; or;
- who it is reasonable to expect will carry on such activity for the purposes of a business carried on by him;
4. a government, local authority (whether in the United Kingdom or elsewhere) or an international organisation
5. a person (“A”) who is a director, office or employee of a person (“B”) falling within any of sub-paragraphs (1) to (4) where the communication is made to A in that capacity and where A’s responsibilities when acting in that capacity involve him in the carrying on by B of controlled activities.
By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
Statement for Self-Certified Sophisticated Investor
I declare that I am a self-certified sophisticated investor for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
I understand that this means:
- I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
- the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
- by signing this statement, I may lose significant rights;
- I may have no right to complain to either of the following– (i) the Financial Conduct Authority; or (ii) the Financial Ombudsman Scheme;
- I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a self-certified sophisticated investor because at least one of the following applies:
- I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date that I make this certification;
- I have made more than one investment in an unlisted company in the two years prior to the date that I make this certification;
- I am working, or have worked in the two years prior to the date that I make this certification, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
- I am currently or have been in the two years prior to the date that I make this certification, a director of a company with an annual turnover of at least £1 million.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments (including unregulated investment schemes).
By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.