UK Changes to HNW Rules Will Impede Access to Capital

Investing | Jan 25, 2024 Recent changes to the UK's Financial Promotions Act, effective from January 31, 2024, include significant modifications to the definition of high net worth (HNW) and sophisticated investors that will adversely impact early stage funding. These changes, primarily affecting the definition of High Net Worth Individuals (HNWIs) and sophisticated investors, could

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