SCUML has the mandate to monitor, supervise and regulate the activities of DNFBPs in Nigeria in consonance with the Nigeria’s AML/CFT regime. The DNFBPs as defined under section 30 of the Money Laundering Prevention and Prohibition Act, 2011 are: Dealers in Jewelry Car dealers Dealers in luxury goods Audit firms Tax consultants Clearing and settlement companies Supermarkets Casinos, Pool Betting … Continue reading MANDATE OF SCUML