What is a Certified sophisticated investor under UK FCA regulation regarding Cryptocurrencies?

Under SEC Regulation S, investors resident in the U.S. are restricted from trading this product unless they are Qualified Institutional Buyers ("QIB"). The restriction does not apply to investors resident outside the U.S…

The Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation applies to Retail Investors who are residents of the European Economic Area (EEA) and the United Kingdom. Unless a client currently subject to this regulation notifies and provides IBKR with proof of an address change outside the EEA or the UK, that client must remain subject to the PRIIPS regulation…

You will be categorised as a Retail Client if you are an individual or legal entity that does not meet the criteria to be a Professional Client or an eligible counterparty.

Professional Clients or eligible counterparties (with other firms) can ask IBUK to treat them as Retail Clients. Retail Clients get the highest level of protection under UK MiFID and FCA rules…

Due to FCA regulations impacting Turbo certificates and Factor certificates, IB UK clients are restricted from trading these products.

These restrictions do not affect clients of legal entities other than IB UK…