The Reserve Bank of India (RBI) has issued a notification regarding amendments to 21 entries under Section 51A of the UAPA, 1967, in compliance with updates from the UNSC’s 1267/1989 ISIL (Da'esh) and Al-Qaida sanctions list. This amendment is crucial for financial institutions in ensuring compliance with international sanctions.
Implementation of Section 51A of UAPA, 1967: Amendment of 21 Entries
On August 19, 2026, the Reserve Bank of India (RBI) notified commercial banks and financial institutions regarding the implementation of amendments to 21 entries under Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA). This action follows updates from the United Nations Security Council’s (UNSC) 1267/1989 sanctions list concerning ISIL (Da'esh) and Al-Qaida.
The RBI’s notification specifies the obligations on financial institutions to adhere to the amended sanctions list, which is aimed at preventing funding to terrorist organizations. The listed entities and individuals have been assessed against international criteria, indicating that they pose a significant threat due to their involvement in terrorism-related activities.
Practitioners in the financial sector must ensure compliance with these updated sanctions to avoid any potential legal repercussions. It is imperative for institutions to revise their internal protocols and customer due diligence processes accordingly.
Citations
- UNSC Sanctions List Update (2026) RBI Notification No. 236
