SCUML registration can be done on their various offices in Nigeria or can carried out through the\u00a0SCUML online registration platform. DNFIs are\u00a0advised to visit SCUML website\u00a0\u00a0for guidance\u00a0www.scuml.org<\/p>\n
\uf0b7 ABUJA HQ:
\nNo.1 Obosi Crescent, Off Ogidi Street off Ladoke Akintola\u00a0Boulevard Garki 2, Abuja.<\/p>\n
\uf0b7 Benin City:
\nNo.1, Court Road, GRA,\u00a0Benin City, Edo State<\/p>\n
\uf0b7 ENUGU:
\nPlot 106 FGC Road,\u00a0Independence Layout, Enugu<\/p>\n
\uf0b7 GOMBE:
\nNO.4 EFCC Street, New GRA,\u00a0Gombe.<\/p>\n
\uf0b7 IBADAN:
\nNo.16,Rev’d Oyebode\u00a0Crescent Iyaganku GRA, Ibadan<\/p>\n
\uf0b7 KADUNA:
\nNo. 4 Wurno Road off\u00a0Rabah Road, Kaduna<\/p>\n
\uf0b7 KANO:
\nGP 360 Bida Road Civic Centre<\/p>\n
\uf0b7 LAGOS:
\n15, Awolowo Road, Ikoy,\u00a0Lagosi<\/p>\n
\uf0b7 MAIDUGURI:
\nPlot 80 Baba Shehu\u00a0Lamin opp El Kanemi College Tudun\u00a0Wada Layout, Maiduguri<\/p>\n
\uf0b7 Port Harcourt:
\nNo. 8 Bank Road, Off\u00a0Moscow Road, Port Harcourt, Rivers\u00a0State,<\/p>\n
\uf0b7 Uyo:
\nNo 3 Akparawa Crescent\u00a0Off Edet Akpan Avenue ,Ewet Housing\u00a0Estate, Uyo, Akwa Ibom State.<\/p>\n
SCUML has the mandate to Monitor, Supervise\u00a0and Regulate the activities of Designated Non\u00a0Financial Institutions (DNFIs) in consonance\u00a0with Nigeria\u2019s Anti-Money Laundering and\u00a0Combating the Financing of Terrorism
\n(AML\/CFT) regime.\u00a0All DNFIs are obligated to register with SCUML\u00a0and ensure compliance with the relevant
\nsections of the ML (P) Act 2011, (as amended)\u00a0in order to avoid sanctions for noncompliance.<\/p>\n
Note
\nSCUML collaborates with the Economic and\u00a0Financial Crimes Commission (EFCC) for the\u00a0enforcement of the provisions of the Act\u00a0through enforcement actions including\u00a0prosecution of non-compliant DNFIs.\u00a0HIGHLIGHTS OF RELEVANT SECTIONS OF THE\u00a0MONEY LAUNDERING (PROHIBITION) ACT,\u00a02011(AS AMENDED) AS IT RELATES TO DNFI\u2019s<\/p>\n
Section 1:
\n\uf0b7 Limitation to Make and Accept Cash
\nSection 2:
\n\uf0b7 Duty to Report International transfer\u00a0of Funds & Securities
\nSection 3:
\n\uf0b7 Identification of customers
\n\uf0b7 (Part III of SCUML Regulations\u00a0Emphasizes on the Need To Know\u00a0Your Customer).
\nSection 4:
\n\uf0b7 Duties Incumbent upon Casinos
\nSection 5:
\n\uf0b7 Registration with SCUML
\n\uf0b7 Rendition of Occasional Cash Based\u00a0Transactions( CBTRS)
\nSection 6
\n\uf0b7 Suspicious Transaction Reporting\u00a0(Part IV of the SCUML regulations)
\nSection 7
\n\uf0b7 Preservation of Records
\nSection 8
\n\uf0b7 Mandatory Disclosure by DNFI
\nSECTION 9
\n\uf0b7 Arouse Awareness Among Employees.
\nSection 10
\n\uf0b7 Mandatory Disclosure by DNFI
\n\uf0b7 Penalty \/Fine
\nSection 15 & 16
\n\uf0b7 Money Laundering Offences
\n\uf0b7 Other offences<\/p>\n","protected":false},"excerpt":{"rendered":"
SCUML registration can be done on their various offices in Nigeria or can carried out through the\u00a0SCUML online registration platform. DNFIs are\u00a0advised to visit SCUML website\u00a0\u00a0for guidance\u00a0www.scuml.org As at the time of this post, SCUML offices are located as below? \uf0b7 ABUJA HQ: No.1 Obosi Crescent, Off Ogidi Street off Ladoke Akintola\u00a0Boulevard Garki 2, Abuja. […]<\/p>\n","protected":false},"author":1,"featured_media":11719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"acf":[],"yoast_head":"\n