Our obligations
As a designated non-financial business, Sovereign Asset Realty Limited complies with the Money Laundering (Prevention and Prohibition) Act 2022 and reports to the Special Control Unit against Money Laundering (SCUML).
Customer due diligence
We verify the identity of every buyer, seller and investor before a transaction completes, and the source of funds where required by law or our risk assessment.
Cash transactions above the statutory threshold are not accepted. Payments are received through regulated financial institutions only.
Reporting
We keep transaction records for at least five years and file suspicious transaction reports with the Nigerian Financial Intelligence Unit where required.