What is self-certification and why do I need to do it?
As an online investment platform authorised and regulated by the Financial Conduct Authority (FCA), before authorising you to make an investment, Tifosy is required to ask you to certify that you fall into one of the FCA defined investor categories (you can find out more information about these categories here).
This process is called ‘self-certification’ and is a legal requirement that must be complied with before you may access investor materials and information. All Tifosy members are required to complete self-certification once every 12 months (and will be prompted to do so) but you may also change your investor category and self-certify again via your Tifosy profile at any point.
Self-certification is one of two steps to be completed before you become authorised to invest via Tifosy. The second step is the successful completion of the Eligibility Questionnaire as part of which you must demonstrate that you understand the risks of investing.