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Regulatory

UK forewarns Australia on wholesale test changes

After recently backflipping on changing its high-net-worth investor (HNWI) tests, the UK serves as a cautionary tale for Australia as it mulls overhauling its own wholesale investor thresholds.

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Read more: AICventure capitalwholesale investor testElena KelarevaAustralian Investment CouncilParliamentary Joint Committee