Capital Market Registrars Call For Proper Identity Management

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ICMRThe Institute of Capital Market Registrars has called for proper identity management to aid the investment drive in Nigeria’s capital market.

The President & Chairman of the Council of the Institute, Mr. Oluseyi Owoturo, said this in a statement in Lagos.

Owoturo said that proper identification of existing investors was necessary to prevent identity theft and boost investor confidence in the capital market.

He disclosed that issues bordering on proper identification would be key at the forthcoming ICMR 2022 annual conference. He added that the conference would likely raise the issue of the provision of national identification for all financial transactions.

He added that the need for further coordination between agencies in the capital market would be x-rayed at the annual conference.

Owoturo said the conference with the theme: “Sustainability of the Nigerian Capital Market as a Catalyst for Economic Growth and Prosperity,” would be held in Lagos on the 10th of December, 2022.

He said that Engr. Aliu Azeez Abubakar, the Director-General/Chief Executive Officer of the National Identity Management Commission, and Sir Ademola Aladekomo, the Chairman of Chams Plc would speak on “Tackling the Identity Management Issues in the Nigerian Capital Market.”

 


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