Measures aimed towards the prevention of money laundering require each applicant to verify his / her identity and source of funds and wealth to the Administrator. Applicants, depending on their structure will be required to provide the Administrator with evidence of identity and source of funds and wealth as specified in the application form provided to applicants. This obligation is absolute and final and the Administrator will notify the applicant if proof of identity in addition to that specified in the application form is required.
In accordance with the Money Laundering Regulations 2007, all invested funds and any other funds administered or promoted by the Company will require verification of the identity of every potential investor and any authorised intermediary acting for a prospective investor. Any forms submitted must be completed in full, and the payment mechanism as detailed in the application forms and shareholders and subscription documentation must be strictly adhered to. At the Administrator’s discretion however, a money laundering certificate may be accepted as evidence that the Introducing Advisor has diligently carried out the appropriate money laundering prevention checks as detailed in the application process, and is duly authorised to complete and sign off the required detail on the Introducing Advisors section of the application form.
All investors must complete application forms fully and comply with the information requirements stated therein.
Any potential investor not meeting the requirements will have their application rejected as Mint Media Capital is under a legal duty to comply with the Anti-Money Laundering Regulations.
In the event of the demise of a SIPP investor on whose behalf shares are held, it will be the responsibility of the sole benefactor or appointed representative to notify the fund in writing. All necessary legal documentation will be required to change title of ownership.
In the event of the demise of a private individual shareholder, it will be the responsibility of the sole benefactor or appointed representative to notify the fund in writing. All necessary legal documentation will be required to change title of ownership.
The Investors Compensation Scheme as operated by the Financial Services Compensation Scheme in the United Kingdom is not available for claims relating to investments into any Mint Media Capital Limited offerings or investment fund.
The company and or the Administrator may hold personal data relating to past and present Shareholders. Personal data may be retained on record after it is no longer used. Such personal data is processed by the Administrator to maintain the register of members and mailing lists, which may involve sharing such data with third parties when:
· Effecting the payment of dividends and other moneys to Shareholders.
· Filing returns of Shareholders and their respective transactions in Shares with statutory bodies and regulated authorities. By becoming registered as a holder of Shares in the company, a person becomes a data subject and is deemed to have consented to the processing by the company or the Administrator of any personal data relating to them in the manner described above. Any details or information submitted during the course of the application will be retained on a database at its registered office, under the provisions of the Data Protection Act 1998.
Completion of an application form warrants that all cheques and transfers forwarded by an investor will be honored at the first presentation.
Any changes to the taxation position in the UK, or any changes to the tax treatment of the EIS, may affect investors returns. The EIS has a transparent tax structure, accordingly, each investor must consider their personal tax position, and should take their own independent specialist advice. Any potential investors who are not UK resident for tax purposes are strongly advised to seek specialist advice on their own position, both in a relation to withholding tax and receipts from the EIS.
The Company will not wilfully disclose individually identifiable information about you, including your email address, to any third party company or organisation except as may be required by law or applicable regulation or otherwise than in accordance with the Company’s privacy policy. By using the website, you consent to the processing of information concerning you in accordance with the Company’s privacy policy and you warrant that any and all data provided by you to the Company as a result is accurate.
Our service or products may not be appropriate to your individual circumstances; we recommend you consider any purchase carefully as to the suitability before making any financial commitment. Should you have any doubts as to the merits of a product, you should seek advice from an independent financial advisor about all or any of the information within our marketing material prior to making a decision to purchase. Diversification into unregulated markets may require specialist knowledge. The value of any asset may fall or rise and historical or past performance does not represent a factual indication of any future performance or returns. Investors are made aware, there is no guarantee you will realise the original asset purchase value. The business activities of Mint Media Capital Ltd operate within an unregulated market and therefore not regulated by the Financial Conduct Authority (FCA) as such we are not authorised to offer financial advice about any investment.
If you are a UK resident, you need to self-certify that you are a high-net-worth individual or a sophisticated investor. By requesting more information, you are agreeing to the following: High Net Worth Individual: I declare that I am a certified high-net-worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. I understand that this means:(a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority; (b) the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority; (c) by signing this statement I may lose significant rights; (d) I may have no right to complain to either of the following— (i) the Financial Conduct Authority; or (ii) the Financial Ombudsman Scheme; (e) I may have no right to seek compensation from the Financial Services Compensation Scheme. I am a certified high-net-worth individual because at least one of the following applies: (a) I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more; (b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include— (i) the property which is my primary residence or any loan secured on that residence;(ii) any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or(iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled. I accept that I can lose my property and other assets from making investment decisions based on financial promotions. I am aware that it is open to me to seek advice from someone who specialises in advising on investments. Sophisticated Investor:To self-certify as a sophisticated investor an Angel must: (a) Either have been a member of a business angel’s network for at least six months Or have made at least one investment in an unlisted security in the previous two years (b) Or have worked in a professional capacity in the provision of finance to small- or medium-sized businesses in the last two years or in the provision of private equity. (c) Or have been within the last two years a director of a company with a turnover of at least £1m/$1.6m.
Due to the continuing changes in tax legislation, we suggest you seek independent advice from your accountant or tax consultant regarding personal taxation, as tax allowances may vary depending on your individual circumstances. Mint Media Capital Ltd does not warrant or guarantee the accuracy, adequacy, correctness, completeness, or suitability of any information used for any purpose in connection with its business activity and shall not be responsible or liable for any errors, omissions or inaccuracies that may be contained within any marketing material.
Mint Media Capital limited will not be liable for any loss or damage caused by a distributed denial-of-service attack, from viruses or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of the Website or to your downloading of any material posted on it, or on any website linked to it
These terms and conditions and the resulting contract between you and the Company shall be governed by and interpreted in accordance with English law and the English courts shall have jurisdiction to resolve any disputes which may arise in relation to them.