"A certified high net worth investor, a certified sophisticated investor or a self-certified sophisticated investor is an individual who has signed, within the period of twelve months ending with the day on which the communication is made, a statement in the terms set out in the applicable rule listed below, substituting “non-readily realisable securities” for “non-mainstream pooled investments”:
certified high net worth investor: COBS 4.12.6 R;
certified sophisticated investor: COBS 4.12.7 R;
self-certified sophisticated investor: COBS 4.12.8 R."
FCA Handbook, COBS 4.7.9 from 1 April 2014