# UK: Qualified Investor Exemption This framework allows issuers to **target professional and institutional investors without the need for full regulatory registration**. *** ### Who Can Invest? * **Institutional Investors:** Banks, asset managers, pension funds, and insurance companies. * **High-Net-Worth Individuals (HNWI):** Wealthy individuals who meet specific income or asset thresholds. * **Professional Clients:** Investors with substantial knowledge and experience in financial products, as defined by FCA rules. *** ### How Much Money Can Be Raised? * There is **no limit** on the amount you can raise under the Qualified Investors Exemption. *** ### Are There Any Restrictions? * The offering cannot be marketed or advertised to retail investors (ordinary individuals). * You must categorize all investors to ensure they qualify as professionals or high-net-worth individuals. *** ### Compliance Notes * No full prospectus registration is required, which simplifies the process and reduces costs. * Issuers must still provide clear and accurate offering documents to prevent misleading investors. *** ### Why Choose Qualified Investor Exemption? The Qualified Investor Exemption is perfect for issuers targeting experienced investors who are comfortable with less regulatory protection. It allows issuers to raise unlimited capital with minimal compliance requirements. *** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.stobox.io/tokenization_framework/phase-3-define-the-tokenization-model/regulations-of-sto-offerings/united-kingdom-or-fca/uk-qualified-investor-exemption.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.