Under the direction of the Institute of Capital Market Registrars (ICMR), registrars have emphasized the significance of proper identity management for increasing capital market investment.
This was stated in a statement released in Lagos by Mr. Oluseyi Owoturo, the Institute’s president and chairman of the Council.
Owoturo said that existing investors needed to be able to prove who they were in order to prevent identity theft and boost investor confidence in the capital market.
He added that the ICMR’s annual conference in 2022 would put proper identification issues front and center.
Owoturo said that the conference would probably talk about requiring all financial transactions to have a national ID.
He added that the annual conference would examine the need for additional coordination among capital market agencies.
