How to get SCUML Certificate

SCUML Registration in Nigeri

Special Control Unit Against Money Laundering (SCUML) was formed by the Federal Government of Nigeria in September 2005 in line with the provisions of the Money Laundering (Prohibition) Act, 2004, which was subsequently repealed and amended to Money Laundering (Prohibition) Act 2011 (as amended).

SCUML was established as part of measures for the implementation of the Financial Action Task Force (FATF) Recommendations on Anti- Money Laundering/Combating the Financing of Terrorism (AML/CFT) in Nigeria.

The recommendations include amongst others the establishment of Legal and Institutional framework for the effective implementation of the AML/CFT measures in all Countries. This led to the enactment of the Money Laundering (Prohibition) Act, 2011 (as amended) and the Terrorism (Prevention) Act, 2011, (as amended) in Nigeria.

SCUML is statutorily under the Federal Ministry of Industry, Trade and Investment, but operationally domiciled within the Economic and Financial Crimes Commission (EFCC) as the Commission drives the operational activities of the Unit, in line with Sections 6(C) and 7(2) of the EFCC Establishment Act, 2004.

FUNCTIONS OF SCUML

Registration and certification of Designated Non-Financial Institutions (DNFIs) and Non Profit Organisation (NPOs) in Nigeria.
Sensitization of DNFIs in Nigeria on their compliance obligations, under the Money Laundering (Prohibition) Act 2011 (as amended) and the implementation guidelines.
Monitoring and supervision of the activities of DNFIs as it relates to AML/CFT.
Conducting off-site, on- site, and spot checks inspection of DNFIs.
Taking necessary enforcement actions to ensure compliance with the AML/CFT Laws and Regulations.
Collection of statutory reports: Cash based transaction reports (CBTRs) and Currency Transaction Reports (CTRs) for onward forwarding to the Nigeria Financial Intelligence Unit (NFIU).
Establishment and maintenance of comprehensive database of DNFIs and their financial transactions to support tactical, operational and strategic analysis as well as policy options in combating ML/FT.
Strategic analysis using available data to identify emerging trends and patterns in money laundering and terrorist financing.
Provision of vital information relating to DNFIs money trails to assist criminal investigations by Law Enforcement Agencies in order to boost the fight against economic and financial crimes within the DNFIs sector in Nigeria.
Collaboration with stakeholders to ensure compliance with AML/CFT measures within the DNFI sector in Nigeria.

Requirements for Registration of SCUML

Certificate of Incorporation.
Article and Memorandum of Association.
Tax Clearance Certificate (Not Applicable to NGOs)
Audited Financial Report
BVN, Bank Name and Account Number
Authorized Operational License (Not Applicable to NGOs).
Company/Organization Profile.
Constitution ( For NGOs Only)
Agreement Signed between the NGO and the National Planning Commission ( For International NGOs Only)

How to get SCUML Certificate

Visit https://scuml.org/registration2/
Fill out the SCUML registration form.The form will require information about your business, including the company’s name, registration number, and names of beneficial owners, among others.
Submit the registration form along with the required documents. These may include the company registration documents, tax identification number certificate, among others.
Once the registration is approved, you will receive a certificate of registration.

We would be glad to assist you in processing your SCUML Certificate and other Statutory required documents registration.

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