PRIV 8.1.1 Certain Financial Promotions Only to Qualified Investors etc

(1) An authorised firm must not make or approve a financial promotion in relation to a scheme if the financial promotion is addressed to, or disseminated in such a way that it is likely to be received by, a person who is not a qualified investor for the firm.

Note Qualified investor, for an authorised firm, is defined in r 1.2.10 (3).
(2) An authorised firm must not conduct a relevant investment activity for a customer in or from the QFC in relation to units in a scheme unless the customer is a qualified investor for the firm.
(3) For this rule, qualified investor includes a person who is not a qualified investor for the authorised firm if the firm believes, on reasonable grounds, that the firm could classify the person under CIPR as a business customer for the firm.
Amended by QFCRA RM/2019-4 (as from 1st January 2020).