SCUML Certificate – How do I get SCUML Certificate – Do you want to get your SCUML certificate as fast as possible? have you been waiting in queue to get your Special Control Unit Against Money Laundering registration do and get your certificate? then this article is for you.
Businesses That Require SCMUL Certificates
- Dealers in luxury goods.
- Dealers in jewelry.
- Importers and dealers in cars or any other automobile.
- Hotels and other hospitality businesses.
- Tax consultants.
- Audit firms.
- Casinos, pools betting and other Lottery businesses.
- Audit firms.
- Accountants and Accounting Firms.
- Consultants and consulting companies.
- Clearing and settlement companies.
- Trust and company service providers.
- Estate Surveyors and Valuers.
- Dealers in Real Estate, Estates Developers, Estate Agents and Brokers.
- And, Dealers in precious stones and metals.
- Dealers in Mechanized farming equipment and machineries.
- Construction companies.
- Non-Governmental/Non-profit organisations.
- Mortgage Brokers.
- Practitioners of Mechanized farming and such other businesses and professions as the federal Ministry of Trade and Investment or appropriate regulatory authorities may from time to time designate.
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- Company/Organization Profile
- Constitution ( For NGOs Only)
- Agreement Signed between the NGO and the Ministry of Finance, Budget and National Planning (‘MFBNP’) formerly known as National Planning Commission ( For International NGOs Only)
How to Get an SCMUL Certificate
You may obtain a SCUML certificate for your registered company through the following steps;
1. Fill out the SCUML registration form online( https://www.scuml.org).
2. Submit the application alongside other required documents.
Upon successful application by the DNFI, the company is contacted to that effect to pick up the SCUML certificate which is evidence that the business or institution has been duly registered with SCUML.
How Much Does It Cost to Register with SCMUL?
Sidebrief processes SCUML Certificate for entrepreneurs for N60,000 (Sixty thousand Naira Only)
What is SCUML Used For?
The regulation of these DNFIs by SCUML is to help to curb money laundering by monitoring closely the funding and financial status of these institutions. SCUML evidence monitoring, supervision, and registration of the DNFIs, providing vital information relating to DNFIs money trails to assist criminal investigations, etc.
Who needs a SCUML Certificate?
The Designated Non-Financial Organizations require a certificate from the Special Control Unit on Money Laundering. These organizations handle a lot of cash and are typically under scrutiny by AML/CFT regimes because they are easy prey for money laundering and terrorism financing activities.
Businesses that require registration
Dealers in jewelry, cars, luxury goods, precious stones, and metals,
Real estate, Estate Developers, Estate Surveyors and Valuers, Estate Agents,
Chartered Accountants, Audit Firms, Tax Consultants,
Clearing and Settlement Companies,
Hotels, Casinos, Supermarkets,
Dealers in Mechanized Farming Equipment and Machineries,
Practitioners of Mechanized Farming,
Non-Governmental Organizations (NGOs) or such other businesses as the Federal Ministry of Trade and Investment or appropriate regulatory authorities may from time to time designate.
All DNFIs are mandated to register under SCUML so that their activities can be monitored as this is to prevent fraudulent activities. These activities are regarded as transactions, provided it is a service rendered and paid for, i.e. currency (cash transactions).
What documents are required?
Before an applicant can proceed with registration with SCUML, certain documents should be scanned for upload depending on the kind of company the applicant operates. The documents are:
- Certificate of Incorporation
- Article and Memorandum of Association
- Tax Clearance Certificate (Not Applicable to NGOs).
- Audited Financial Report
- 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)
SCUML Registration
Registration for the Special Control Unit on Money Laundering Certificate is an online and offline process.CLICK HERE
How to Register with SCUML Online
The steps to be taken to complete registration with SCUML are:
Step One
Log on to the SCUML website and click the register online tab.
Step Two
The page redirects to a registration page where the form is. The form is to be duly filled with correct and up-to-date information.
Step Three
The required documents are then uploaded to the portal and the application is complete.
Obtaining the SCUML Certificate
Upon successful application by the DNFI, the company is contacted to that effect to pick up the SCUML certificate which is evidence that the business or institution has been duly registered with SCUML. The original copy of the Certificate of Incorporation is to be presented for scrutiny before the certificate can be obtained.
In compliance with the provisions of the various laws and regulations guiding money laundering and financing of terrorist activities, every DNFI is advised to have a Compliance Officer. A Compliance Officer is an officer at the management level who will coordinate AML/CFT activities within the DNFI and liaises with SCUML.
SCUML Registration Office
SCUML has a head office in Abuja and several regional offices. These regional offices are based in Lagos, Enugu, Kano, Port Harcourt, Kano, Gombe, Ibadan, Kaduna, Maiduguri, and Uyo CLICK HERE
