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SEBI widens database
By Our Corporate Reporter
CHENNAI,
OCT. 12.
The Securities and Exchange Board of India has specified certain categories of intermediaries, their related persons and investors being bodies corporate, who are required to obtain a Unique Identification Number (UIN) under the Central Database of Market Participants (MAPIN database).
In order to further expand the coverage of the database, the following new categories of investors in the primary market, the secondary market, and any mutual fund or collective investment scheme would be required to obtain a UIN under the database by March 31, 2005:
All domestic investors not being bodies corporate who carry out a single transaction of value Rs. 1 lakh or more, foreign institutional investors and their sub-accounts, and foreign venture capital investors.
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