Professional investors

Available in Staging an Production from Q4-25

We have simplified the process of classifying customers as professional investors. By providing a richer set of structured data, the review process can be significantly accelerated. The new variant will soon be available and will reduce the need for manual checks, such as reviewing PDF documents individually.

To support partners during the transition, Concedus can provide a PDF template as an alternative to the JSON format and for illustrative purposes. This PDF has been directly translated into JSON in this documentation, enabling clients to classify investors in line with WpHG/MiFID requirements more quickly and with less manual effort.

Example

"professional": {
      "isProfessional": true,
      "classification": {
        "company_based": {
          "regulated": {
            "CO-1A": false,
            "CO-1B": false,
            "CO-1C": false,
            "CO-1D": false,
            "CO-1E": false,
            "CO-1F": false,
            "CO-1G": false
          },
          "unregulated_with_criteria": {
            "CO-2A": false,
            "CO-2B": false,
            "CO-2C": false
          }
        },
        "private_client": {
          "PC-1A": false,
          "PC-1B": false,
          "PC-1C": false
        }
      },
      "declarations": {
        "confirmationCorrectInfo": true,
        "agreeToClassification": true
      },
      "signature": {
        "place": "Berlin",
        "date": "2025-08-12",
        "signatureField": "2025-08-12T12:00:00Z"
      },
      "meta": {
        "formVersion": "v1"
      }
    }

It includes criteria for regulated/unregulated companies, private opt-up clients, as well as declarations and a formal signature confirming classification.

If professional is true, all fields are required to be filled

Field	Type	Requirement	Description
isProfessional	boolean	required	Flag whether customer is classified as professional
classification.company_based.regulated.CO-1A…CO-1G	boolean		Flags for regulated company types
classification.company_based.unregulated_with_criteria.CO-2A…CO-2C	boolean		Flags for unregulated companies with criteria
classification.private_client.PC-1A…PC-1C	boolean		Flags for private customers with criteria
declarations.confirmationCorrectInfo	boolean		Confirmation that the information is correct
declarations.agreeToClassification	boolean		Consent to classification
signature.place	string		Place of signature
signature.date	ISO date (YYYY-MM-DD)		Date of signature
signature.signatureField	ISO 8601 timestamp		Signature time
meta.formVersion	string		Version of the classification form