Subscription agreement redaction is the removal of personal identifiers from the purchase form used in a placing. Most UK placings avoid an approved prospectus by staying inside UK Prospectus Regulation Art. 1(4) — qualified investors only, or fewer than 150 other persons. The form proves that, and it also carries the money laundering checks under MLR 2017. anonym.plus marks each subscriber's data on your device, so the terms stay clear while private details go.
When this applies
Each signed form lists a subscriber's name, National Insurance number and bank details, collected for customer due diligence rather than for the deal file. You trim those before the set moves to counsel or an auditor.
How anonym.plus handles it
- Open the signed forms in anonym.plus on your device.
- Local OCR reads scanned, signed pages.
- The tool flags names, NINOs, and bank numbers.
- Keep the agreed terms and warranty language intact.
- Swap or black out the confirmed identifiers.
- Save the clean set locally with no network call.
What you need to provide
- The signed forms (PDF, DOCX, or scan).
- An operator: Replace, Redact, or Mask.
- Optional batch for many subscribers at once.
PII & financial identifiers detected
| Category | anonym.plus entity type | Example |
|---|---|---|
| Names | PERSON | subscriber R. Pennington → [SUBSCRIBER] |
| Identifiers | UK_NINO | tax NINO → [NINO] |
| Financial | UK_BANK_NUMBER | funding acct 0091 → [ACCOUNT] |
| Financial | IBAN_CODE | wire IBAN → [IBAN] |
| Contact | EMAIL_ADDRESS | buyer@example.co.uk → [EMAIL] |
| Location | LOCATION | home address → [ADDRESS] |
Compliance achieved
- Fits placings that rely on the exemptions in UK Prospectus Regulation Art. 1(4) — qualified investors, or fewer than 150 other persons.
- Investor-status wording rests on FSMA 2000 s.21 and the certified-investor exemptions in the Financial Promotion Order 2005 (arts. 19, 49, 50A): keep the wording, redact the person.
- The NINO and bank fields exist for MLR 2017 regs. 27 and 28 due diligence, not for onward circulation.
- A private company still may not offer shares to the public — CA 2006 s.755 — so the offer terms must stay legible.
- Batch mode handles up to 20 signed forms in one offline run.
Anonymise subscription agreements offline — see plans & start free →
Limitations & cautions
The MLR 2017 records must survive in the firm's own files, so redact the shared copy, not the compliance master. A signed warranty can also state facts that hint at identity. Check the warranty section yourself before sharing.
Frequently asked questions
Can I clean many subscriber forms at once?
Yes. Batch mode processes up to 20 files per local run, with OCR for any scanned, signed pages.
Should the anti-money-laundering copy be redacted too?
No. MLR 2017 regs. 27 and 28 require the firm to hold identification evidence. Keep that master intact and clean only the copy that leaves the firm.
Does any subscriber data leave my machine?
No. The desktop app runs offline, so each subscriber's details stay on your device.