The bonds on our platform are transferable bonds and classed as a ‘Non-Readily Realisable Security’ (NRRS) by the Financial Conduct Authority (FCA). This means the bonds are illiquid, not listed on regulated stock markets, and hard to value independently, hence all investors will be categorised, and will need to pass an ‘Appropriateness test’ before we make any direct offer financial promotions.
What is the regulatory classification of these bonds?
