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Venture Legal

Should We Apply for a Non-Professional Investor License in Norway to Target HNWIs Instead of Family Offices?

Asked by:
Community Member
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May 03, 2023
In Norway you have to apply for a license from the Financial Supervisory Authority for either non-professional (more complex time and resource consuming) or professional investors. From the AWA today and comment that we should not approach family offices but HNWIs would you then recommend applying (when the time is right) for a licence towards non-professional investors?
1 answer
Community Member
Accepted Answer
May 03, 2023
Europe has extensive laws governing general solicitation. There are pre marketing and post marketing laws. Some guidance for best practices everywhere in the world is below:

https://govclab.com/2022/06/28/general-solicitation/

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