high net worth individual only. To widen investors? investment choices of increasing return or creating variety and complexity of investment strategy, the AI funds will be allowed to invest in

high net worth investors only.  The new rules will become effective in a year after the announcement date to allow preparation of asset management firms? operations, except revocation of MF for non

accurate information was in place to ensure the status of qualified customers as high net worth investors. SEC Act S.113 Settlement Committee Meeting No. 2/2025 Settlement Committee Order No. 20/2025

investor”, “ultra-high net worth investor” and “high net worth investor” shall have the same definitions as specified in the Notification of the Securities and Exchange Commission concerning Determination of

Offering of Newly Issued Debt Securities is also granted an approval for offering for sale of debt securities to Institutional Investors (II), Ultra High Net Worth Investors (UHNW) and High Net Worth

rated for the issuance and offering for sale to institutional investors (II), ultra-high net worth investors (UHNW) and high net worth investors (HNW), unless the offering is in the form of private

Definitions of Institutional Investor, Ultra High Net Worth Investor and High Net Worth Investor, dated 24 December 2021. 

public and high net worth investors would have to be investment grade products only. This is primary quality screening of the bond issuers to check their capability of repaying obligations because such

Securities and Exchange Commission No. KorJor. 1/2569 Re: Determination of Definitions of Institutional Investors, Ultra-High Net Worth Investors, and High Net Worth Investors (No. 3), dated 9 February 2026

. Clause 2 The Notification of the Securities and Exchange Commission concerning Rules on Exempting the Offer for Sale of Units of Foreign Collective Investment Scheme to Institutional or High Net Worth