User Restriction Policy

Introduction

1. This User Restriction Policy should be read together with our Terms of Use and applies to you, and any person you invite to use the Application, whether or not that person actually uses the Application or participates in any transaction or potential transaction.
2. If you are accessing, or attempting to access, the Application without having created an account with us or intending to create an account in accordance Clause 3 (Eligible Use), “you” refers to you in your individual and personal capacity.

Prohibited Use

1. The Application should not be used by any member of the general public, any natural person not acting on behalf of an authorised firm or high net worth companies or unincorporated associations, any natural person under age 18, or any person who does not comply with the Terms of Use.
2. Any person who does not comply with this User Restriction  Policy should not use the Application.

Eligible Use

1. The Application is intended to be used exclusively (a) by authorised firms; and (b) by high net worth companies or unincorporated associations, that have been invited by an authorised firm to participate in a particular potential transaction in accordance with Clause 4 (Compliance with laws) of the Terms of Use.
2. In this context, the terms authorised firm and high net worth company or unincorporated association are defined in accordance with the policies of the United Kingdom’s Financial Conduct Authority (FCA).
3. The FCA has defined (a) an authorised firm as (i) a person who has a Part 4A permission to carry on one or more regulated activities; (ii) an incoming EEA firm; (iii) an incoming Treaty firm; (iv) a UCITS qualifier; (v) an investment company with variable capital; or (vi) the Society of Lloyd’s; and (b) a high net worth company or unincorporated association as (i) any body corporate which has, or which is a member of the same group as an undertaking which has, a called‐up share capital or net assets of not less than (A) if the body corporate has more than 20 members or is a subsidiary undertaking of an undertaking which has more than 20 members, £500,000; (B) otherwise, £5 million; (ii) any unincorporated association or partnership which has net assets of not less than £5 million; (iii) the trustee of a high value trust; or (iv) any person (A) whilst acting in the capacity of director, officer or employee of a person (B) falling within any of sub‐paragraphs (i) to (iii) where Aʹs responsibilities, when acting in that capacity, involve him in Bʹs engaging in investment activity.

Evidence of Eligible Use

1. You may be required to provide us with reasonable evidence, either electronically or through hard copy documentation, that you fulfill the criteria of an authorised firm or high net worth company or unincorporated association, as applicable, from time to time. Reasonable evidence may include financial statements, annual reports, self-certifications and/or certifications from a sufficiently knowledgeable firm.
2. If you elect not to provide such reasonable evidence within a reasonable time after our request, we may elect to restrict your ability to access or use parts of the Application, or the entire Application, until you have provided such evidence.