SCUML registration requirements, guidelines, portal, certificate, offices

Money laundering is a serious offence in Nigeria because it distorts the economy of the country. It also causes a reduction in the amount of government revenue and erodes the financial sector. For these reasons, the Federal Government of Nigeria established the Special Control Unit against Money Laundering (SCUML). Through the SCUML registration, different organisations across the country can protect themselves against money laundering.

What is SCUML? It is an organisation that was established in September 2005 to combat money laundering. The Federal Government of Nigeria established it. The organisation was created in compliance with the 2004 Money Laundering Act which was later amended in 2011. The institution was established per the Financial Action Task Force (FATF) recommendations. The recommendations were on Anti- Money Laundering and Combating the Financing of Terrorism (AML/CFT). SCUML registration is a straightforward process.

SCUML registration guidelines

To successfully register with this organisation, you require an internet-enabled device that is connected to a reliable internet service. Follow these steps to register;

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1. On your browser, visit the official SCUML website.
2. Click on the tab, ONLINE REGISTRATION to access the SCUML registration portal.
3. The SCUML registration form will appear on your screen. Fill in all the required details.
4. After filling the form, you will be required to attach some SCUML registration documents. These documents should be scanned and placed in a single file. They include;

Non-profit organisations

All non-profit organisations should attach scanned copies of their;

• Certificate of incorporation
• CAC7 and CAC 2 or Incorporation of trustees
• Trustee identification documents (They should be valid)
• The organisation’s constitution or article and memorandum of association
• Proof of tax registration

Business names

Businesses should attach scanned copies of their;

• Certificate of incorporation
• Form BN-01 which details the particulars of a proprietor
• Documentation of tax registration

Limited companies

All limited liability companies should scan and attach copies of their;

• Certificate of incorporation
• Proof of tax registration
• Article and memorandum of association
• Form CAC 1.1/CAC 2 and CAC 7

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Scanned copies of the relevant professional documents must also be attached. These apply for audit, law, accounting, construction, consultation, real estate, import, mining and export companies. SCUML online registration is free. You are not required to pay any amount of money for registration.

Once an application goes through, a company, business or non-profit organisation receives its unique SCUML registration number and a SCUML registration certificate. The company, business or non-profit organisation is required to collect their certification from the SCUML offices.

Offices and contacts

For more details about this organisation, its role, mandate and registration process, you can make personal visits to your nearest office. Alternatively, you can make a call or send an email. The offices and their contact details are;

• Abuja
• No 5 Fomella Street
• Off Ademola Adetokunbo Crescent
• Wuse II, Abuja, FCT
• Email: info@scuml.org
• Telephone number: 08186886219/ 08183754112

Lagos

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• 15, Awolowo Road
• Ikoyi, Lagos, Lagos State
• Telephone number: 08098044926

Enugu

• Plot 106
• Federal Government College Road Independent Layout
• Enugu State
• Telephone number: 08037747447

Kano

• GP 360 Bida Road
• Civic Center, Kano
• Telephone number: 08109185147

Maiguguri

• Plot 80 Baba Shehu Lamin Street
• Opposite Elkanemi College
• Tudun Wada Layout. Maiduguri, Borno State Nigeria
• Telephone number: 08096495000

Port Harcourt

• No 8 Bank Road
• Off Moscow Road, Port Harcourt Rivers State
• Telephone number: 08167599894

Gombe

• No 4 EFCC Street
• New GRA, Gombe State
• Telephone number: 08036209356/ 08065442397

Kaduna

• No. 4 Wurno Road
• Badarawa, Kaduna, Kaduna State, Nigeria
• Telephone number: 08096493000
• Edo
• No. 2 Court Road
• By Reservations Road
• GRA, Oka, Benin City, Edo State, Nigeria.

Ibadan

• 16, Rev Oyebode Crescent Iyaganku
• G.R.A, Ibadan Nigeria
• Telephone number: 08096492000

Mandate and functions

The organisation is mandated to monitor, regulate and supervise the activities of Nigeria-based Designated Non- Financial Institutions (DNFIs). DNFIs include car dealers, audit firms, supermarkets, construction firms, tax consultants, clearing and settlement firms, jewellery and luxury goods dealers, among many others.

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Some of its functions include;

• Registering and certifying DNFIs in the country.
• Sensitising DNFIs on their compliance duties as are recommended in the Act.
• Monitoring and supervising DNFIs activities as they relate to AML/CFT.
• Collecting statutory reports.
• Conducting strategic analyses using the collected data to know the emerging trends in terrorist financing and money laundering.
• Collaborating with relevant stakeholders to ensure compliance with AML/CFT.

In Nigeria, several measures have been put in place to mitigate money laundering because it negatively affects the country’s economy. Through SCUML registration, a business, company or non-profit body protects itself from this criminal activity. The institution was created according to the FATF recommendations for AML/CFT purposes. The registration process is straightforward and it is free of charge.

Source: Legit.ng