1. Cask’D Capital Ltd is not authorised or regulated by the FCA (Financial Conduct Authority) due to the nature of the investment. The company is registered in the UK. There are legal protections for your investment. In the worst-case scenario where the barrels you’ve invested in are damaged, they’re fully insured, so you’ll be paid the current market value for your investment, though it’s possible this will be lower than the price you bought for. Whisky casks (as well bourbon and rum) are not an investment of a specified kind within the scope of the Financial Services and Markets Act 2000 nor is it a controlled investment subject to Section 21 of the Financial Services and Market Act 2000 and the Financial Promotion Order. Any and all information provided by Cask’D Capital Ltd relates to whisky and its value. Cask’D Capital Ltd does not deal with “options”, futures or any regulated investments of a specified kind under the Financial Services and Markets Act 2000. No information provided should be deemed to constitute the provision of financial investment or other professional advice subject to regulation under the Financial Services and Market Act 2000. 
   
   
2. The value of your purchase may go down as well as up, and your capital may be at risk. Cask’D Capital Ltd cannot be held responsible for market fluctuations and conditions for the price of whisky. 
   
   
3. The purchase of whisky casks (as well as bourbon and rum) described or recommended in our marketing materials or on the website may not be suitable for all people. You should seek your own professional advice as to the suitability of any such purchase before you enter into any transaction. 
   
   
4. Any information relating to past valuations of whisky is not necessarily a guide to future performance. There is no official or regulated index for whisky casks (as well as bourbon and rum), and therefore valuations are subjective and based upon our and industry-wide historical data and expert professional knowledge. 
   
   
5. Once sale is deemed confirmed by Cask’D Capital Ltd. The buyer will have up to 7 days after the purchase date to receive a refund. After the 7-day period, any refund attempt will incur a 20% penalty on the buyer’s investment made. Any refund enquires can be made to info@caskdcapital.com – please ensure to quote your certificate number, name and proof of purchase.
6. All casks must only remain in HMRC government bonded warehouse facilities during the maturation process. They cannot be delivered or moved outside these facilities. Casks of maturing Scotch whisky must remain maturing in Scotland for fixed duration set by Cask’D Capital Ltd. 
   
   
7. Whisky casks (as well as bourbon and rum) whole and partial ownership are sold on a first come, first serve basis. 
   
   
8. Casks are held under Cask’D Capital Ltd as named partner, shared ownership entitles you to your desired value input to the cask ranging from 1% to 90%. If an investor were to own 100% of the casks the name will be held with the investor, Cask’D Capital Ltd will manage the cask on behalf of the investor.
   
   
9. We do not have the facility to offer credit. We are not a credit broker or finance provider. 
   
   
10. All payments are due in full by return on presentation of the invoice without any deduction by way of a set-off, counterclaim, discount, abatement or otherwise. No action will occur until cleared funds are received into the company bank account. If cleared funds are not in our account within 7 days (1 week), we reserve the right to cancel the order and re-list the casks.  
    
    
11. At the point of selling the cask, Cask’D Capital Ltd will reach out to the investor personally to confirm the Bank details and transfer your returns via BACS. Should Cask’D Capital Ltd cannot get in contact by means of email, telephone call or letter with the investor for a period 90 calendar days, on day 91 Cask’D Capital Ltd will transfer the investor’s return on investment in an escrow account for 1-year. On the next calendar day after 1-year, Cask’D Capital Ltd will transfer these funds into a charity of their choice.
    
    
12. All payment shall be made in British Pound Sterling and the agreed price is due in full at the time the offered price is accepted and confirmed by invoice, unless agreed otherwise in writing. All bank charges are payable by the investor. 
    
    
13. If the investor were to own 100% of the cask, and investor wishes for the cask to ultimately be bottled, both Duty and VAT are due before the whisky, bourbon and rum has been bottled and the finished goods are removed from the HMRC bonded warehouse. This will be payable by the investor. Cask’D Capital Ltd will assist in brokering this service. 
    
    
14. Crowdfunded casks (i.e. Cask’D Capital Ltd owns 10% or more and rest covered by investors) cannot have the cask bottled. The proposed cask will only be used as an investment vehicle only.
    
    
15. Duty and VAT are due before the finished bottled goods leave the government bonded warehouse.
    
    
16. There is the risk of potential loss of value arising from falling whisky prices during the time in which you own whisky. This risk is not a Cask’D Capital Ltd responsibility. 
    
    
17. If the buyer owns 100% of the cask, Cask’D Capital Ltd may request samples on your behalf from our suppliers and bonded warehouse operators. The standard size sample is 10cl, and costs may vary between warehouse operators. The buyer will accept to cover all costs of procuring samples, including duty and delivery. Due to the nature of individual warehousing, we cannot guarantee a set time frame. 
    
    
18. Cask’D Capital Ltd is not responsible for any natural, or unnatural, loss of liquid or alcoholic strength which may occur during cask storage and movements. The ‘angel’s share’ is part of the natural process of maturation and is evaporation of both water and alcohol from a whisky cask. The rate of evaporation varies between cask and warehouse.
    
    
19. Cask’D Capital Ltd adopts many of the duties which have been applied by FCA to businesses which have responsibilities for private wealth. These include:-

– Keeping of accurate records and the availability of those records for inspection

– Maintenance of a compensation fund

– The segregation of customer property to be held independent of a company’s finances

– Accountability to written Terms of Business

– Adherence to a specified complaints procedure

Cask’D Capital Ltd complies with these good practices and pursues an environment where these principles are set in high standard and conducted at all times. 

20. In case of any complaints, please contact info@caskdcapital.com – we aim to get back to you between 2-3 business days.