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SOMALIA: Due Diligence in Finance a Mandatory Process for Humanitarian Partners

In Somalia, the Somalia Humanitarian Fund (SHF) is a vital source of funding for humanitarian partners working to alleviate the suffering of vulnerable populations. However, in order to ensure that these funds are used effectively and transparently, all eligible partners must undergo a thorough due diligence process.

The Importance of Due Diligence

The SHF has outlined a strict set of guidelines for this process, which includes verifying the identity of key staff members, updating organizational documents, and ensuring that financial transactions are accurate and secure. The goal is to prevent fraudulent activities and ensure that funds reach those who need them most.

The Global Management System (GMS)

To facilitate this process, the SHF has developed an online system called the Global Management System (GMS), which allows partners to submit their due diligence documents and track their progress. “The GMS is a powerful tool that helps us streamline our due diligence process and ensure that all necessary information is provided,” said Ms. Afifa Ismail, SHF manager.

Requirements for Eligible Partners

Partners who are eligible for funding must provide a range of documentation, including:

  • Organizational charts
  • Financial reports
  • Proof of identity for key staff members
  • Regular updates to their GMS profiles reflecting changes to their organization or financial transactions

Consequences of Non-Compliance

Failure to comply with the due diligence process can result in delays or even rejection of funding applications. “It’s crucial that our partners understand the importance of this process and take the necessary steps to ensure that they are compliant,” said Mr. Samuel Kihara, Humanitarian Financing Unit officer.

Contact Information

For more information on the due diligence process and how it applies to humanitarian partners in Somalia, please contact OCHA Somalia (Humanitarian Financing Unit) at shfsomalia@un.org or visit their website at www.unocha.org/somalia.

Inquiries can be directed to: