Australia
Subsection 708(8) of the Corporations Act 2001 is found in Chapter 6D (Fundraising). It defines "sophisticated investor" so as to exclude them from certain disclosure requirements: http://www6.austlii.edu.au/cgi-bin/viewdoc/au/legis/cth/consol_...
New Zealand
User needs to confirm Wholesale Investor status to purchase security tokens. s5 of the Securities Act (1978) defines a sophisticated investor in NZ for the purposes of subsection (2CC)(a), a person is wealthy if an independent chartered accountant...
Gibraltar
User needs to confirm Accredited Investor status to purchase security tokens. Requirements To meet the criteria of a "Accredited Investor" an investor must: an investor must meet one of the following criteria:any director, executive officer, or ge...
Hong Kong
User needs to confirm Sophisticated Professional Investor status to purchase security tokens. Requirements A sophisticated professional investor or high net-worth individual has one of the following: a portfolio of not less than HK $8,000,000 corp...
Israel
User needs to confirm Qualified Investor status to purchase security tokens. Requirements A party is defined as an Accredited Investor if it is classified as at least one of the following: An authorized mutual fund as defined in the Joint Investme...
Japan
User needs to confirm Qualified Investor status to purchase security tokens. Types of PPs Varies depending on the type of private placement. Three types of PP's: QII Private Placement: only QII investors can participate, no limit on # of investors...
Canada
User needs to confirm Accredited Investor status to purchase security tokens. An "Accredited Investor" (as defined in NI 45 106) is: Requirements An individual is defined as an Accredited Investor if he or she meets at least one of the following: ...
EU and UK
Retail clients requesting treatment as 'elective' professional clients (as defined by Markets in Financial Instruments Directive (MiFID)) must satisfy at least two of the following quantitative criteria in assessing the client's expertise, exp...
Singapore
User needs to confirm Accredited Investor status to purchase security tokens. In Singapore, Accredited Investor is defined in Section 4A(1)(a) of the Securities and Futures Act (SFA), Chapter 289. [10] Requirements Individuals who meet one of the ...
Switzerland
User needs to confirm Qualified Investor status to purchase security tokens. Requirements Article 10 of the Swiss Federal Collective Investment Schemes Act (CISA) requires an investor be one of the following: regulated financial intermediary such ...
USA
As of September 23, 2013, Issuers of securities offered pursuant to Rule 506(c) of Regulation D are required to verify that all investors in the offering qualify as Accredited Investors. This verification requirement applies to all purchasers – in...
Brazil
An "Accredited Investor" in Brazil is defined in the instruction 409, article 109 from the CVM (Comissão de Valores Mobiliários) [6] as: financial institutions; or insurance companies or capitalization societies; or private retirement funds; or p...