The Reserve Bank of India has made critical updates to the UNSC sanctions list concerning ISIL and Al-Qaida, amending 4 entries under Section 51A of UAPA, 1967. Financial institutions need to enhance their compliance measures accordingly.
UAPA 1967 Updates to UNSC Sanctions List
On August 18, 2026, the Reserve Bank of India (RBI) announced another significant update concerning the United Nations Security Council’s sanctions list relevant to ISIL (Da'esh) and Al-Qaida, involving an amendment of 4 entries under Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA).
The RBI’s directive facilitates the inclusion of these amendments in the lists that financial institutions must consult. The inclusion of specific entries aims to further prevent and control any financial assistance related to terrorism.
This amendment mandates financial institutions to take prompt action and integrate due diligence frameworks to ensure that they do not engage in any transactions involving the designated entities. This is part of India’s commitment to align its domestic laws with international standards against terrorism financing.
Legal teams at financial institutions must closely monitor these compliance requirements and provide necessary training to staff involved in risk assessment and due diligence to mitigate potential legal repercussions.
Citations
- RBI/2026-27/235
