StashAway | Investing, redefined

What does it mean to be a Professional Client?

A Professional Client ("PC") may generally have access to a wider range of financial products and services. Some financial institutions may not offer certain products and services to persons who are non-PC.

To be eligible to be treated as an PC, you must first meet eligibility criteria (please refer to "How do I qualify for PC Status?") and you must opt in to be treated as a PC.

If you opt in to be treated as a PC, you are regarded as having consented to and understood the following:

(1)  You have read, understood, and agreed to the following general warning

PCs are assumed to be better informed, and better able to access resources to protect their own interests, and therefore require less regulatory protection. Investors who agree to be treated as PCs, therefore, forgo the benefit of certain regulatory safeguards. For example, issuers of securities are exempted from issuing a full prospectus registered with the Dubai Financial Services Authority with respect to offers that are made only to PCs and intermediaries are exempted from a number of business conduct requirements when dealing with PCs. Investors should consult a professional adviser if they do not understand any consequences of being treated as a Professional Client.

(2)  You have consented to be  treated as a PC for the purposes of the following regulatory provisions applicable to StashAway's business ("Consent Provisions")

We have outlined below a summary of the Consent Provisions and the consequences of your being treated as a PC in relation to such Consent Provisions. These consequences apply to all advice, recommendations, offers, communications or dealings with StashAway, transactions that you carry out on any investment products or policies advised on by StashAway from time to time, including past and future transactions in relation to the same ("Transactions").

If you choose to be treated as a PC, this status will apply to all your account(s), investments, holdings, and dealings with StashAway going forward.

Please note that it is your right to elect to be treated as a PC. Alternatively, you can choose to be treated as a retail investor instead. If you do not choose to be treated as a PC, please see "What does it mean to be a non-PC?".