> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/definitions/mica/qualified-investors.md).

# qualified investors

Definition of qualified investors from Regulation (EU) 2023/1114, Article 3(1), point (30).

|                  |                                            |
| ---------------- | ------------------------------------------ |
| **Defined term** | qualified investors                        |
| **Source**       | MiCA                                       |
| **Reference**    | Article 3(1), point (30)                   |
| **Status**       | Published                                  |
| **Refresh rule** | Regenerate after source legal-text changes |

## Definition

> **(30)** '[**qualified investors**](/definitions/mifid-ii/qualified-investors.md)' means persons or entities that are listed in Section I, points (1) to (4), of Annex II to Directive 2014/65/EU;

## Source

[MiCA, Article 3(1), point (30)](https://headlesslaw.com/rulebooks/mica/articles/3/).

## Imported Definition

MiCA imports this definition from MiFID II.

> MiCA uses '[qualified investors](/definitions/mifid-ii/qualified-investors.md)' for persons or entities listed in Section I, points (1) to (4), of Annex II to Directive 2014/65/EU. These are professional clients by default, including authorised or regulated financial entities, large undertakings meeting the Annex II size thresholds, national and regional governments and public bodies managing public debt, central banks, international and supranational institutions, and other institutional investors whose main activity is to invest in financial instruments.

[Open MiFID II definition page](/definitions/mifid-ii/qualified-investors.md)

## Definition Chain

1. MiCA Article 3(1), point (30)
2. MiFID II Annex II, Section I, points (1) to (4)
3. MiFID II Annex II, Section I, points (1) to (4)

## Used In MiCA

* [Article 4](https://headlesslaw.com/rulebooks/mica/articles/4/)
* [Article 16](https://headlesslaw.com/rulebooks/mica/articles/16/)


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