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ARTICLE · 28 NOVEMBER 2023

Threshold Updates For High Net Worth And Sophisticated Investors

Herrington Carmichael LLP
Herrington Carmichael LLP
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Herrington Carmichael LLP

Herrington Carmichael LLP

The origins of the practice can be traced back over 180 years in Wokingham and 150 in Aldershot. It...

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New thresholds for categorising investors as high net worth or sophisticated will come into force on 31 January 2024. Our regulatory specialists break down the key changes and their significance.

United KingdomStrategy
Mark Chapman
Mark Chapman
Katrina Banks
Katrina Banks
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New thresholds for categorising investors as high net worth or sophisticated will come into force on 31 January 2024. Our regulatory specialists break down the key changes and their significance.

The most commonly used exemptions for financial promotions focus on certified high net worth investors (HNWI) and self-certified sophisticated investors. These help small and mid-sized enterprises access private capital without the burden of full compliance.

HNWI income threshold raised to £170,000

The annual income level for classifying as HNWI has increased substantially from £100,000 to £170,000. This better reflects inflation since the thresholds were last updated in 2005.

HNWI asset threshold excluding home, pensions and rights under insurance contracts now £430,000

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