Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Removal of 01 entry

August 26, 2024                                                                         

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Removal of 01 entry

1. Clause 54 of the SEBI Master Circular Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT) / Obligations of Securities Market Intermediaries under the Prevention of Money Laundering Act, 2002 and rules framed there under dated June 06, 2024 inter-alia states that

‘The Stock exchanges and the registered intermediaries shall ensure that in terms of Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA) and amendments thereto, they do not have any accounts in the name of individuals/entities appearing in the lists of individuals and entities, suspected of having terrorist links, which are approved by and periodically circulated by the United Nations Security Council (UNSC)’. 

2. In this regard, United Nations Security Council (UNSC) Committee established pursuant to Resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida, and associated individuals, groups, undertakings and entities below on the Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo set out in paragraph 1 of Security Council resolution 2610 (2021) has issued the following notification.

2.1. Note SC/15800 dated August 23, 2024 regarding the removal of 01 entry in

UNSC’s 1267/1989 ISIL (Da’esh) & Al-Qaida Sanctions list (Annex-1). The notification can be accessed at the following URL:

https://press.un.org/en/2024/sc15800.doc.htm

3. An updated list of individuals and entities which are subject to various sanction measures such as freezing of assets/accounts, denial of financial services etc., as approved by the Security Council Committee established pursuant to various United Nations’ Security Council Resolutions (UNSCRs) can be accessed at its website at https://www.un.org/securitycouncil/content/un–sc–consolidated–list

The updated “ISIL (Da’esh) &Al-Qaida Sanctions List”, which includes names of individuals and entities associated with the Al-Qaida is available at:

http://www.un.org/securitycouncil/sanctions/1267/aq_sanctions_list

4. As per the instructions from the Ministry of Home Affairs (MHA), any request for delisting received by any Regulated Entity (RE) is to be forwarded electronically to Joint Secretary (CTCR), MHA (email: [email protected]) for consideration. A copy of the same may be marked to Joint Secretary (UNP), MEA (e-mail id: [email protected]). Individuals, groups, undertakings or entities seeking to be removed from the Security Council’s ISIL (Da’esh) and Al-Qaida Sanctions List can submit their request for delisting to an independent and impartial Ombudsperson who has been appointed by the United Nations Secretary-General. 

More details are available at the following URL:

https://www.un.org/securitycouncil/ombudsperson/application

5. Stock Exchanges, Depositories, KRAs, AMFI, and registered intermediaries are advised to take note of the aforementioned UNSC communication and ensure compliance.