Accredited investor(s)
Past version: Effective from 01 Jan 2011 to 30 Sep 2020
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Defined in Rule BC-9.4.6, an accredited investor includes:
(a) Individuals holding financial assets (either singly or jointly with their spouse) of USD 1,000,000 or more;
(b) Companies, partnerships, trusts or other commercial undertakings, which have financial assets available for investment of not less than USD 1,000,000; or
(c) Governments, supranational organisations, central banks or other national monetary authorities, and state organisations whose main activity is to invest in financial instruments (such as state pension funds).
Added: January 2011