Legal Framework

Regulatory Status

BlackAI Holding AG is a private holding company. We are not a regulated financial institution. This page explains our legal framework and who qualifies to participate.

01

Corporate Status

BlackAI Holding AG is an ordinary Swiss Aktiengesellschaft (corporation) registered in the Canton of Zug under UID CHE-202.737.638. It is a private holding company that builds, funds, and manages AI ventures through its subsidiaries.

BlackAI is not a collective investment scheme, not a fund, not a bank, not a securities dealer, and not a financial services provider within the meaning of Swiss financial market legislation.

Entity TypeOrdinary AG (holding company)
FINMA LicenceNot required, not held
BaFin RegistrationNot required, not held
FMA RegistrationNot required, not held
Fund StatusNot a fund, not a CIS
Public OfferingNone — private placement only
02

Why No Licence Is Required

01

No Public Offering

BlackAI does not offer securities, fund units, or financial products to the public. All participations are structured as private placements exclusively for qualified investors.

02

No Asset Management

BlackAI does not manage third-party assets under a collective investment scheme. Participants become direct shareholders in BlackAI subsidiaries — they are not investing in a fund.

03

No Financial Services

BlackAI does not provide investment advice, portfolio management, or brokerage services to clients. The platform is strictly informational. All investment decisions are made by participants independently with their own advisors.

03

Qualified Investor Definition

BlackAI services are exclusively available to qualified investors as defined by the following regulations. Retail investors are explicitly excluded with no exceptions.

Switzerland (FINMA)

Qualified Investors

Art. 10 para. 3 CISA (KAG)

Regulated financial intermediaries, insurance companies, pension funds, public-sector entities, and companies with professional treasury operations.

Art. 10 para. 3ter CISA (KAG)

High-net-worth individuals who have declared in writing that they wish to be treated as qualified investors. Requirements: minimum CHF 500,000 in financial assets, or relevant professional experience combined with CHF 2,000,000 in financial assets.

Art. 5 para. 1 FinSA (FIDLEG)

Professional clients as defined by the Swiss Financial Services Act, including institutional investors, public-sector entities, and high-net-worth private clients who have opted in.

Germany (BaFin)

Professional Clients

Sec. 67 para. 2 WpHG

Professional clients by nature as defined by MiFID II Art. 4(1)(10): credit institutions, investment firms, insurance companies, collective investment schemes and their management companies, pension funds, commodity and commodity derivative dealers, and other institutional investors.

Sec. 67 para. 6 WpHG

Clients who have opted up to professional client status upon request. Requires meeting at least two of: (1) 10+ large transactions per quarter in the preceding 4 quarters, (2) financial instrument portfolio exceeding EUR 500,000, (3) at least one year of professional experience in the financial sector.

Austria (FMA)

Professional Clients

Sec. 66 para. 1 WAG 2018

Professional clients by nature as defined by MiFID II Art. 4(1)(10): same categories as under German law — credit institutions, investment firms, insurance companies, collective investment schemes, pension funds, and other institutional investors.

Sec. 66 para. 4 WAG 2018

Clients who have elected to be treated as professional clients. Same quantitative criteria as under the German WpHG opt-up provisions, derived from MiFID II Annex II.

04

Family Offices & Institutional Investors

BlackAI works exclusively with family offices, institutional investors, and high-net-worth individuals who meet the qualified investor criteria outlined above.

Family offices qualify as professional clients under MiFID II when they operate as regulated entities or when the individuals behind them meet the opt-up criteria. In Switzerland, family offices may qualify under Art. 10 para. 3 CISA if they are supervised financial intermediaries, or under Art. 10 para. 3ter CISA if the controlling individuals have declared qualified investor status.

A private individual investing CHF 500,000 or more is reclassified as a qualified investor under the applicable legal framework. By definition, they are no longer considered a retail investor under Swiss, German, or Austrian law.

Minimum ParticipationCHF 500,000
Target ParticipantsFamily offices, institutional investors, qualified HNWIs
Retail InvestorsExplicitly excluded
KYC/AMLMandatory for all participants
Legal SupervisionNeese Stalder Villiger, Zug