top of page

Confirmation of Investor Categorisation

Screenshot 2023-03-06 at 10.45.30 am.png

The investment products and services of Gulfrock Capital Limited are exclusively available to professional and/or sophisticated clients and eligible counterparties, and are not accessible to retail clients. For inquiries, please contact us at investorrelations@gulfrockcapital.com 

Professional 

I am a Per Se Professional as I meet at least one of the following criteria:

1. Entities required to be authorised or regulated to operate in financial markets, including:

a) Credit institutions;

b) Investment firms;

c) Other authorized or regulated financial institutions;

d) Insurance undertakings;

e) Collective investment schemes and management companies of such schemes;

f) Pension funds and management companies of such funds;

g) Commodity and commodity derivatives dealers;

h) Other institutional investors.

2. Large undertakings meeting two of the following size requirements, on a proportional basis:

a) Balance sheet total: minimum GBP 10,000,000;

b) Net turnover: minimum GBP 20,000,000;

c) Own funds: minimum GBP 1,000,000.

3. National and regional governments, public bodies managing public debt, central banks, international and supranational institutions (e.g., World Bank, International Monetary Fund, European Central Bank, European Investment Bank), and other similar organisations.

4. Other institutional investors whose primary activity is investing in financial instruments, including entities involved in securitisation of assets or other financial transactions.

​​

Sophisticated

I wish to be categorized as an Elective Professional as I meet at least two of the following quantitative criteria:

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

  2. the size of the investor's financial instrument portfolio, defined as including cash deposits and financial instruments exceeds GBP 500,000;

  3. the investor 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.

 

IMPORTANT: Investors must determine if they possess sufficient experience, knowledge, and expertise to make their own investment decisions and properly assess the risks involved. If in doubt, consult a stockbroker, financial adviser, bank manager, or equivalent professional.

​

  1. By requesting Elective Professional classification, the investor acknowledges the loss of protections exclusively applicable to retail clients outlined in COBS of the FCA rules handbook.

  2. The Investment Manager will not be obliged to set out any of the prescribed contents, disclosures or risk warnings needed for retail customers in offering documents, marketing brochures and other non real time financial promotions material, nor will the Investment Manager be subject to the restrictions that apply to a retail client in relation to unsolicited real time communications to investors.

  3. The Investment Manager will not be required to give you the warnings required for retail clients in relation to material which may lead you to deal with or use overseas firms which are not regulated by the Financial Services and Markets Act 2000 nor will the Investment Manager have to satisfy itself that the overseas firm will deal with you in an honest and reliable way.

  4. The Investment Manager will also not be required to comply with the FCA rules relating to restrictions on and the content of direct offer advertisements.

  5. The majority of the FCA rules in relation to the form and content of financial promotions will not be applicable in respect of any financial promotion communicated or approved by the Investment Manager.

  6. The relevant COBS rules do not require the Investment Manager to send periodic statements in the form and timeframes required, or submit to more frequent requests for such information, as specified under COBS 16.3.

  7. With regards to best execution, the specific requirements laid out in COBS 11.2.7 [Role of price] and COBS 11.2.10 [Competing executing venues] in respect of the Investment Manager's obligation to provide best execution will not apply.

  8. Appropriateness: In relation to the requirements of COBS 10, we will assume that the investor has the necessary experience and knowledge in order to understand the risks involved in relation to those particular investment services or transactions, or types of transaction or product, for which you have been classified as an Elective Professional Client.

  9. Complaint Handling: As an elective sophisticated investorl, the investor may not be an 'Eligible complainant' and may lose the right of access to the Financial Ombudsman Service. Any complaint you make will be dealt with under our internal complaints procedures.

Not Qualified

I do not meet any of the Per Se Professional or Elective Professional definitions described above.

​

Service documentation can only be sent to investors who meet the MiFID-defined criteria for investment requests. Additionally, you must comply with the rules for qualified investors as defined in your local jurisdiction. Although the majority of EU jurisdictions define a qualified investor as being the definition of a Professional investor as defined by MiFID (and outlined above) please contact us at investorrelations@gulfrockcapital.com if your jurisdiction falls outside of these rules/definitions.

Please complete the form below:

Thanks for your request.

bottom of page