Verification of Exchange participants is now available through the Diia application

The Ukrainian Energy Exchange implemented identity verification through the Diia application. From now on, participants undergoing accreditation at the exchange to participate in bidding on the energy markets have the opportunity to undergo verification through Diia. This greatly simplifies the verification process for the participant, compared to other available methods, and speeds up the process of accreditation and gaining access to bidding.

In accordance with the requirements of the Financial Monitoring Rules of UEEX LLC , verification is carried out by the Exchange to check and confirm the identity data received by the Exchange to the relevant person and/or to confirm the data that make it possible to establish the ultimate beneficial owners or their absence.

In order to be verified through Diia, you need to enter the «For existing customers», section, go to the "Verification" tab, and select online verification "Through the Diia application" opposite the desired person. Next, a QR code will be generated for you, which must be read by a scanner in the Diia application (the scanner button is located in the upper right corner of the application’s main screen) and confirm the transfer of a copy of the document.

"The use of digital technologies significantly simplifies the process of registration and access of market participants to trades on the UEEX. Previously, verification was carried out using video communication or personal presence at the office of UEEX LLC. From now on, it can also be done independently, without the involvement of the exchange’s employees", - emphasizes Oleksandr Kovalenko, CEO of UEEX.

"Diia’s services are designed to simplify document flow. Verification using the Diia application is a quick and convenient way to verify your identity. To do this, the user provides a copy of the ID card or foreign passport through Diia in a few clicks, says Denys Ivanov, Head of the electronic services implementation team of the Ministry of Digital Transformation of Ukraine. — And you don’t need to waste time visiting the office. All you need is a smartphone, the Internet, the Diia application and a passport in it."

Today, verification through Diia has become available for energy market participants. Bidders in other directions will also soon be able to use the new option.