Accreditation

Users Accreditation

Please note that the investment schemes mentioned are not subject to the supervision of the CSSF, European Regulators or the FINMA, may not be distributed to non-qualified investors, and that investors, therefore do not benefit from the protection offered to retail investors.

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Only Professional Accredited Investors can participate in investment opportunities provided via this Platform, ie: Institutional Investors, VC/CVC Funds, Family Offices or Angel Investors meeting the MiFID II accreditation or the accreditation laws in their country of residence.

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Additionally, all Investors must comply with KYC-KYB Anti-Money Laundering (AML) requirements at onboarding including proof of Identity and Residence. Additional documents may be requested on a case-by-case basis.

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Definition of Qualified Investors per MiFID II

Please note, as regards the exemption provided under Article 1(4)(a) of the Prospectus Regulation, that the term “qualified investor” means a person or entity that is listed in points (1) to (4) of Section I of Annex II to MiFID II, and a person or entity who is, on request, treated as a professional client in accordance with Section II of that Annex, or recognised as an eligible counterparty in accordance with Article 30 of MiFID II unless it has entered into an agreement to be treated as a non-professional client in accordance with the fourth paragraph of Section I of that Annex.

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The following should all be regarded as qualified investors:

1. Entities which are required to be authorised or regulated to operate in the financial markets. The list below should be understood as including all authorised entities carrying out the characteristic activities of the entities authorised by a Member State under a European Directive, entities authorised or regulated by a Member State without reference to a European Directive, and entities authorised or regulated by a third country:
   - Credit institutions.
   - Investment firms.
   - Other authorised or regulated financial institutions.
   - Insurance undertakings and reinsurance undertakings.
   - Collective investment schemes and their management companies.
   - Pension funds and management companies of such funds.
   - Commodity and commodity derivatives dealers.
   - Local firms as defined in Article 3(1)(p) of Directive 2006/49/EC.
   - Other institutional investors.
   - Large undertakings meeting two of the following size requirements on a company basis: a) balance sheet total: 20 million Euros; b) net turnover: 40 million Euros; or c) equity: 2 million Euros

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2. National and regional governments, public bodies that manage public debt at national or regional level, central banks, international and supranational institutions such as the World Bank, the IMF, the ECB, the EIB and other similar international organisations.

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3. Other institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitisation of assets or other financing transactions.

Among the above list, investment firms, credit institutions, insurance companies, UCITS and their management companies, pension funds and their management companies, other financial institutions authorised or regulated under Union law or under the national law of a Member State, national governments and their corresponding offices including public bodies that deal with public debt at national level, central banks and supranational organisations shall be treated as eligible counterparties (this category corresponds to category (E) (b) in the recitals).

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The following individuals or legal entities may be treated as professionals on request when meeting two out the following three criteria (this category corresponds to category (E) (c) in the recitals): 

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1. client has carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters; 

2. the size of the client’s financial instrument portfolio, defined as including cash deposits and financial instruments exceeds Euros 500,000, or

3. the client works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.

Among all the above entities, entities not falling within categories (E) (b) and (E) (c) in the recitals shall correspond to entities referred to in category (E) (a) in the recitals.