RBI directed financial institutions to amend customer screening for 3 additions and 3 removals from the UNSC 1267/1989 ISIL (Da'esh) & Al-Qaida sanctions list under UAPA, 1967.
UNSC ISIL & Al-Qaida Sanctions List Updated via UAPA
On October 27, 2026, the RBI issued two notifications under Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA), implementing updates to the UNSC 1267/1989 ISIL (Da'esh) & Al-Qaida sanctions regime. One notification amended three entries, while another removed three entities from the sanctions list, effective immediately.
Financial institutions, including commercial banks, NBFCs, payment banks, and co-operative banks, are required to freeze assets of the three newly designated persons and cease all financial transactions. Conversely, previously blocked assets of the delisted entities may be unfrozen, subject to standard due diligence. Institutions must update their screening protocols and report compliance to the RBI within seven days.
These updates are part of India’s compliance with UNSC Resolutions 1267 and 1989. Legal professionals must ensure timely updates to client AML systems, particularly customer due diligence (CDD) and ongoing monitoring mechanisms. Delisting does not equate to rehabilitation; hence, cautious re-engagement with previously listed parties is advised only after legal clearance.
Citations
- Unlawful Activities (Prevention) Act, 1967, Section 51A
