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README.md
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- loss:MultipleNegativesRankingLoss
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base_model: BAAI/bge-small-en-v1.5
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widget:
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sentences:
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management of credit within an Authorised Person's organization?
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sentences:
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any
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the
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and
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sentences:
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Crime.
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that Authorised Persons should particularly be aware of and manage?
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sentences:
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for virtual asset service providers?
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sentences:
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references
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pipeline_tag: sentence-similarity
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library_name: sentence-transformers
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metrics:
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- type: dot_score_map@10
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value: 0.6312994062801272
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name: Dot Score Map@10
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---
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# SentenceTransformer based on BAAI/bge-small-en-v1.5
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- loss:MultipleNegativesRankingLoss
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base_model: BAAI/bge-small-en-v1.5
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widget:
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- source_sentence: >-
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Are there any ADGM-specific guidelines or best practices for integrating
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anti-money laundering (AML) compliance into our technology and financial
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systems to manage operational risks effectively?
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sentences:
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- >-
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42) DISCLOSURE REQUIREMENTS . Material Exploration and drilling results Rule
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12.5.1 sets out the reporting requirements relevant to disclosures of
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material Exploration and drilling results in relation to Petroleum
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Resources. Such disclosures should be presented in a factual and balanced
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manner, and contain sufficient information to allow investors and their
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advisers to make an informed judgement of its materiality. Care needs to be
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taken to ensure that a disclosure does not suggest, without reasonable
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grounds, that commercially recoverable or potentially recoverable quantities
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of Petroleum have been discovered, in the absence of determining and
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disclosing estimates of Petroleum Resources in accordance with Chapter 12
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and the PRMS.
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- >-
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55) DIGITAL SECURITIES SETTLEMENT Digital Settlement Facilities (DSFs) For
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the purposes of this Guidance and distinct from RCHs, the FSRA will consider
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DSFs suitable for the purposes of settlement (MIR Rule 3.8) and custody (MIR
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Rule 2.10) of Digital Securities. A DSF, holding an FSP for Providing
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Custody, may provide custody and settlement services in Digital Securities
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for RIEs and MTFs (as applicable). Therefore, for the purposes of custody
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and settlement of Digital Securities, the arrangements that a RIE or MTF
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would normally have in place with a RCH can be replaced with arrangements
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provided by a DSF, provided that certain requirements, as described in this
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section, are met.
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Part 6.Chapter 3.59.(1) The Regulator shall have the power to require an
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Institution in Resolution, or any of its Group Entities, to provide any
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services or facilities (excluding any financial support) that are necessary
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to enable the Recipient to operate the transferred business effectively,
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including where the Institution under Resolution or relevant Group Entity
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has entered into Insolvency Proceedings.
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- source_sentence: >-
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Can you provide further clarification on the specific measures deemed
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adequate for handling conflicts of interest related to the provision and
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management of credit within an Authorised Person's organization?
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sentences:
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- >-
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Part 19.Chapter 2.233.(3) If the Regulator considers that an auditor or
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actuary has committed a contravention of these Regulations, it may
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disqualify the auditor or actuary from being the auditor of, or (as the case
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may be), from acting as an actuary for, any Authorised Person, Recognised
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Body or Reporting Entity or any particular class thereof.
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43) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED
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ACTIVITIES IN RELATION TO VIRTUAL ASSETS Anti-Money Laundering and
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Countering Financing of Terrorism In order to develop a robust and
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sustainable regulatory framework for Virtual Assets, FSRA is of the view
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that a comprehensive application of its AML/CFT framework should be in
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place, including full compliance with, among other things, the: a) UAE
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AML/CFT Federal Laws, including the UAE Cabinet Resolution No. (10) of 2019
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Concerning the Executive Regulation of the Federal Law No. 20 of 2018
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concerning Anti-Money Laundering and Combating Terrorism Financing; b) UAE
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Cabinet Resolution 20 of 2019 concerning the procedures of dealing with
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those listed under the UN sanctions list and UAE/local terrorist lists
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issued by the Cabinet, including the FSRA AML and Sanctions Rules and
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Guidance (“AML Rules”) or such other AML rules as may be applicable in ADGM
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from time to time; and c) adoption of international best practices
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(including the FATF Recommendations).
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4.4.2.(4) An Authorised Person with one or more branches outside the ADGM
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must implement and maintain Credit Risk policies adapted to each local
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market and its regulatory conditions.
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- source_sentence: >-
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How does the ADGM enforce the Market Abuse Provisions, such as those
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outlined in section 92 of the FSMR, especially for Accepted Spot
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Commodities, and what are the reporting obligations for companies in
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relation to market abuse and transaction reporting?
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sentences:
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6.2.6.(b) If appointed, the Trustee must also take reasonable steps to
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ensure that its Employees comply with IFR 6.2.6(a) (i)- (iv).
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8.3.2.Guidance on CDD.9. When employing an eKYC System to assist with CDD, a
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Relevant Person should: a. ensure that it has a thorough understanding of
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the eKYC System itself and the risks of eKYC, including those outlined by
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relevant guidance from FATF and other international standard setting bodies;
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b. comply with all the Rules of the Regulator relevant to eKYC including,
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but not limited to, applicable requirements regarding the business risk
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assessment, as per Rule 6.1, and outsourcing, as per Rule 9.3; c. combine
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eKYC with transaction monitoring, anti-fraud and cyber-security measures to
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support a wider framework preventing applicable Financial Crime; and d. take
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appropriate steps to identify, assess and mitigate the risk of the eKYC
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system being misused for the purposes of Financial Crime.
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81) REGULATORY REQUIREMENTS - SPOT COMMODITY ACTIVITIES Market Abuse and
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Transaction Reporting (FSMR) Importantly, the Market Abuse Provisions
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(including section 92) in Part 8 of FSMR specifically cover Market Abuse
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Behaviour in relation to Accepted Spot Commodities admitted to trading on an
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RIE, MTF or OTF. In this regard, the FSRA imposes the same high regulatory
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standards to Accepted Spot Commodities traded on RIEs, MTFs or OTFs as it
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does to Financial Instruments traded on RIEs, MTFs or OTFs.
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- source_sentence: >-
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Can the ADGM provide examples of legal risks associated with securitisation
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that Authorised Persons should particularly be aware of and manage?
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sentences:
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6.Introduction.Guidance.1. This Chapter includes the detailed Rules and
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associated guidance in respect of a firm's obligation to manage effectively
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its Exposures to Operational Risk. Operational Risk refers to the risk of
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incurring losses due to the failure of systems, processes, and personnel to
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perform expected tasks. Operational Risk losses also include losses arising
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out of legal risk. This Chapter aims to ensure that an Authorised Person has
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a robust Operational Risk management framework commensurate with the nature,
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scale and complexity of its operations and that it holds sufficient
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regulatory capital against Operational Risk Exposures.
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- >-
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APP4.A4.3.19 Own estimate haircuts . If an Authorised Person fails to comply
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with Rule A4.3.18, the Regulator may revoke its approval for the Authorised
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Person to use own estimate haircuts. The Authorised Person may also be
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required to revise its estimates for the purpose of calculating regulatory
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Capital Requirements if its estimates of E*, does not adequately reflect its
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Exposure to Counterparty Credit Risk.
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2.5.6 Financial risk . All applicants are required to demonstrate they have
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a sound initial capital base and funding and must be able to meet the
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relevant prudential requirements of ADGM legislation, on an ongoing basis.
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This includes holding enough capital resources to cover expenses even if
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expected revenue takes time to materialise. Start-ups can encounter greater
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financial risks as they seek to establish and grow a new business.
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- source_sentence: >-
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Could you provide detailed guidance on the acceptable threshold for
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"significant loss" to clients in the context of IT infrastructure resilience
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for virtual asset service providers?
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sentences:
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- >-
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APP8.A8.11.1 An Insurer must calculate the asset management risk component
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in respect of a Long Term Insurance Fund according to the method set out in
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Rule A4.13, applied as though all references in that Rule to an Insurer were
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instead references to that fund.
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60) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED
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ACTIVITIES IN RELATION TO VIRTUAL ASSETS Security measures and procedures IT
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infrastructures should be strong enough to resist, without significant loss
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to Clients, a number of scenarios, including but not limited to: accidental
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destruction or breach of data, collusion or leakage of information by
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employees/former employees, successful hack of a cryptographic and hardware
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security module or server, or access by hackers of any single set of
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encryption/decryption keys that could result in a complete system breach.
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APP4.A4.3.17.(2) An Authorised Person must not use own estimate haircuts
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unless it has received approval to adopt the internal models approach to
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calculate the Market Risk Capital Requirement.
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pipeline_tag: sentence-similarity
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library_name: sentence-transformers
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metrics:
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- type: dot_score_map@10
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value: 0.6312994062801272
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name: Dot Score Map@10
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language:
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- en
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---
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# SentenceTransformer based on BAAI/bge-small-en-v1.5
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