Compliance
Enterprise Angels is subject to New Zealand’s Financial Markets Conduct Act (FMCA), Foreign Account Tax Compliance Act (FATCA), Common Reporting Standards (CRS) and Anti‑Money Laundering and Countering Financing of Terrorism (AML/CFT) legislation.
This means we required to obtain specific documentation from you to verify your identity, confirm where your funds come from, and ensure we meet our legal obligations.
The majority of this information will be required on signing up to our investor portal.
All information provided to Enterprise Angels will be treated inline with our Privacy Policy.
To invest with Enterprise Angels you will need to:
Signup to our Investor Portal
Enterprise Angels Investor Portal is provided by Catalist. As part of the signup process you will be asked to:
- Complete ID verification and provide any supporting documentation required. For individuals your account is usually verified within a few moments, but it will take a little longer for Trusts or Companies. You will be guided through requirements specific to your investing entity, and additional information may be requested by either the Enterprise Angels or Catalist team.
- Confirm you are a Wholesale investor. This certification must be completed to access to deal information. Certificates expire after 2 years and you will be asked to recertify as required. All Angel Investors in New Zealand must qualify as Wholesale Investors under the FMCA. If you are not sure you qualify, online wholesale investor questionnaire will help you understand the criteria.
For more guidance on the Investor Portal click here.
Complete the Wholesale Investor Deed
The Wholesale Investor Deed formalises the relationship between your investing entity and EA Nominee Limited.
It sets out the terms under which EA Nominee Limited acts as a bare trustee to hold your legal title to investments made through Enterprise Angels, while you retain full beneficial ownership and control over your investment decisions. It explains how your investment funds are handled, the powers given to the Nominee (including signing investment documents on your behalf), and your responsibilities such as indemnifying the Nominee, and paying any applicable administration fees. The deed ensures that investments can be administered efficiently through the nominee structure while clearly outlining each party’s obligations, protections, and limitations.
To simplify the process for investors the Compliance Form includes the Wholesale Investor Deed along side all other additional information required.
Schedule 1 of the deed is updated from time to time and can be viewed here – Policy on Signing Resolutions
Risk Warning: Investing in early stage companies involves risk and should be done only as part of a diversified portfolio. Offers facilitated by Enterprise Angels are for Wholesale Investors who make their own investment decisions and understand the risks. Read the full risk warning.