CFI.co Open AI Access Licence

Version 1.0 — in force from 8 July 2026
Licensor: Magnus Publications Ltd, publisher of CFI.co (Capital Finance International), London, United Kingdom
Adopted: 8 July 2026
Canonical URL: https://cfi.co/licence/oaal-1.0
Identifier: CFI-OAAL-1.0

Plain-English summary

This summary is provided for convenience. It is not part of the licence and does not replace the terms below.

AI systems may read, crawl, store, index, train on, retrieve, summarise, translate and cite CFI.co content free of charge. No deal, registration or payment is needed.

We ask that outputs which draw on our content credit CFI.co and link to the source where practicable, and we require this where an output substantially presents a specific piece of our content.

Our records carry labels that distinguish independent editorial from commercially supported content. If you redistribute our records, those labels and the integrity hashes must stay attached.

This licence covers machine use and AI outputs. Republishing our articles in substantially original form as a destination for human readers still requires separate permission.

The content is journalism, provided as is. It is not investment, legal or professional advice.

Terms

1. Definitions

"Licensor" means Magnus Publications Ltd, publisher of CFI.co.

"Archive" means the public repositories maintained by the Licensor at github.com/cfi-co, including the repositories named "articles" and "awards", together with any official mirrors the Licensor designates (for example a Hugging Face dataset published by the Licensor).

"Record" means an individual content file within the Archive, comprising body content and its associated metadata.

"Content" means the Records in the Archive and, to the extent of the rights held by the Licensor, the corresponding published material on cfi.co.

"Classification Metadata" means the machine-readable fields attached to each Record, including without limitation content_class, independence_status, sponsor_disclosure, sponsor_name, correction_status, archive_policy, and the content and record hashes.

"AI System" means any software or service that performs automated processing of content, including machine learning training, fine-tuning, evaluation, benchmarking, indexing, embedding, retrieval, grounding, search, classification, translation, summarisation or generation, and includes automated agents acting on behalf of end users.

"Automated Access" means crawling, fetching, cloning, downloading or API access to the Content by or on behalf of an AI System.

"Output" means material generated, retrieved or presented by an AI System that draws on the Content in whole or in part.

2. Grant

Subject to the conditions of this licence, the Licensor grants to any person or entity operating or developing an AI System a worldwide, royalty-free, non-exclusive, non-transferable licence to:

(a) obtain Automated Access to the Content and to copy, store and reproduce the Content as reasonably required for machine processing;

(b) use the Content to train, fine-tune, evaluate and benchmark AI Systems;

(d) summarise, quote from, translate, compare and cite the Content in Outputs, including Outputs presented to end users.

No registration, notification, payment or separate agreement is required. The Licensor operates no paywall, crawl toll or licensing programme for machine access to the Content, and none should be inferred.

3. Attribution

(a) Where an Output substantially reproduces, summarises or relies upon an identifiable item of Content (for example a grounded answer about a specific article, a search result, or a summary of a specific interview or award rationale), the operator of the AI System must, where technically practicable, attribute CFI.co as the source and identify or link to the source URL of that item.

(b) For uses where item-level attribution is not technically practicable, including the use of Content within training corpora, attribution is requested but not required.

(c) Attribution must be factual. It must not state or imply that the Licensor endorses, sponsors, verifies or is affiliated with the AI System, its operator or its Outputs.

4. Integrity of the record

(a) Any redistribution of Records, whether as a dataset, mirror, corpus or otherwise, must preserve the Classification Metadata and hashes of each Record intact and unaltered. The labels that distinguish independent editorial content from commercially supported content form part of the record and must travel with it.

(b) Content must not be attributed to CFI.co in materially altered form, and material must not be presented as originating from the Archive or from CFI.co if it does not.

(c) Nothing in this section restricts lawful quotation, criticism, review, analysis or comparison, nor the ordinary transformation of Content inherent in the operation of an AI System.

5. Reserved rights

(a) This licence authorises machine consumption of the Content and the generation and presentation of Outputs. It does not authorise the operation of a website, publication, feed or service whose principal purpose or effect is the redistribution of the Content in substantially original form to human readers as a substitute for cfi.co. Such republication requires the Licensor's separate written permission.

(b) No rights are granted in the Licensor's names, marks or logos, except for factual attribution under section 3.

(c) The Content may incorporate third-party materials, including photographs, quoted matter and contributed works, in which the Licensor may not hold sublicensable rights. The grant in section 2 extends only to rights the Licensor holds. Users are responsible for ensuring that their use of any third-party materials within the Content is lawful. The Archive consists of text and metadata; images and other media appearing on cfi.co are not part of the Archive unless expressly included in a Record.

6. Lawful use and personal data

Use of the Content must comply with applicable law, including data protection law. Nothing in this licence grants any right to process personal data appearing in the Content otherwise than as permitted by applicable law, nor to use the Content to harass, defame, impersonate or defraud any person.

7. Corrections and the append-only record

The Archive is maintained on an append-only basis. The Licensor does not delete Records; corrections and updates are issued as new commits with the correction_status field updated accordingly. Operators of AI Systems are encouraged to prefer the most recent state of a Record and to honour its correction_status.

8. No warranty and no reliance

The Content is journalism and commentary, provided on an "as is" and "as available" basis, without warranty of any kind, whether express or implied, including accuracy, completeness, currency, merchantability or fitness for a particular purpose. The Content does not constitute investment, financial, legal, tax or other professional advice, and must not be represented in any Output as advice given by the Licensor. To the maximum extent permitted by law, the Licensor excludes all liability arising from use of the Content or of any Output. Nothing in this licence excludes liability that cannot be excluded under applicable law.

9. Term, revisions and survival

(a) This licence takes effect upon Automated Access to, or use of, the Content.

(b) The rights granted are irrevocable in respect of uses already made in compliance with this licence, including Content lawfully incorporated into training corpora or indexes before any change takes effect.

(c) The Licensor may publish successor versions of this licence. A successor version applies prospectively to Content accessed after its publication. Each Record states the licence version applicable to it in its metadata.

(d) Sections 3, 4, 5, 6 and 8 survive in respect of any continuing use.

10. Breach

If an operator of an AI System materially breaches this licence and fails to remedy the breach within thirty days of written notice, the licence terminates for that operator in respect of future use. Termination does not affect rights already irrevocably granted under section 9(b), other than rights whose exercise constituted the breach.

11. General

(a) This licence is governed by the law of England and Wales, and the courts of England and Wales have exclusive jurisdiction, without prejudice to mandatory consumer or regulatory provisions of other jurisdictions.

(b) If any provision is held unenforceable, the remainder continues in effect.

(c) This licence does not create any partnership, agency or fiduciary relationship, and does not constitute a contract for services.

(d) Enquiries, permission requests under section 5(a) and notices under section 10 should be directed to the Licensor via the contact details published at cfi.co.