[Consultation] Procedure and Requirements for Designating Professional Investors under the Capital Market Act Legal Consultation
Article posted in 2022-05-10 17:41:02 | VEAT
Law firm Veat took on the referral from A fund preparing for professional investor registration, reviewing the legal aspects of the professional investor designation procedure and requirements under the Capital Market Act.
A fund commissioned Law firm Veat to conduct a legal review regarding the possibility of professional investor registration, and to proceed with the practical implementation of the professional investor registration procedure based on that review. Accordingly, Law firm Veat provided advice by reviewing A fund's articles of association and other related materials based on the Capital Market Act (Capital Market Act) and the opinions of the Korea Securities Investment Association.
The Capital Market Act defines a professional investor as an investor who possesses the ability to bear investment risks based on factors such as whether they meet the required expertise for investment products held by financial institutions and funds, and the size of their assets (Capital Market Act Article 9 Paragraph 5).
Law firm Veat is providing various legal advice related to the Capital Market Act. If you have any questions regarding the Capital Market Act, professional investor registration, or corporate investment, please contact Law firm Veat.
Thank you.
Law firm Veat.