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    <title>Making UID Mandatory for Securities Transactions</title>
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    <description>Recommendation to recognise the Unique Identification number as proof of identity and address for securities market KYC, proposing a joint working group between the securities regulator and the national identification authority to determine modalities; the Unique Identification number is identified as the base identity infrastructure for registrars and agencies and has been declared an officially valid document for KYC purposes with banks and financial intermediaries, while the securities regulator has set up an internal group to examine implementation issues.</description>
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