Financial Services and Markets Act 2000 states a person “must not, in the course of business, communicate an invitation or inducement to engage in investment activity”. This criminal offence is known as the Financial Promotion Restriction. It does not apply, within limits, to communications by Authorised or Exempt persons or to communications to persons exempt under the Financial Promotion Order 2005.
InEn (platform provider) is an Exempt person but to fall into line with perceived public policy it adds an extra regulatory layer. The following persons may receive financial promotions without breaching the law:
A Self Certified High Net Worth Investor (self certifies as having an annual income in the last financial year in excess of £100,000 or net assets of £250,000 or more (excluding primary residence, certain insurances and pensions)).
A Self Certified Sophisticated Investor (signs an appropriate certificate, which confirms that he or she is qualified to make investments and acknowledges his awareness that he or she may lose all his or her property).
We provide FREE self-certification as well as email reminder services because certificates are only valid for a maximum of 12 months.
We also enable Entrepreneurs to post their business plans which can be seen free of charge by Investors.
We do not solve all the problems of marketing securities to private individuals but it is part of the solution and it does help to create awareness and to generate interest.
InEn (platform provider) is a not for profit set up to promote enterprise in the UK. The intended benefits of www.InEn.global
· Entrepreneurs: help them to communicate their business proposals to Investors;
· Investors: explore investment opportunities (while preserving anonymity);
· Communications: Investors are invited to make direct contact with the featured companies and/or their Adviser.