Sign the open letter to stop the increase in thresholds for self-certification

The new rules for high net worth individuals (“HNWI”) and self-certified sophisticated investors will come into effect on 31 January 2024 with no transitionary period.

We believe that these changes will have a detrimental effect on the early-stage ecosystem, especially women and those from under-represented groups, so we’re backing an open letter to the Chancellor from Startup Coalition, along with Alma Angels, Extend Ventures and The Entrepreneurs Network, to reverse the changes.

If you feel the same, we encourage you to read the open letter and sign it to show your support at https://www.angels-letter.com/.

You can find out more information about the changes, and how they will affect you by taking a look at our timeline, which contains links to key documentation. You can also register for our upcoming webinar with RW Blears, taking place at 10am on Wednesday 31st January.

We encourage you to share the link to this open letter across your networks.


By UKBAA 24 Jan 2024