Description

The UN Security Council Committee under Resolution 1988 (2011) amended 22 entries on its sanctions list on 10 March 2026, updating details for Taliban-linked individuals subject to assets freeze, travel ban, and arms embargo.

Summary

The BSE has circulated a UN Security Council press release (SC/16313, dated 10 March 2026) notifying market participants of amendments to the UNSC 1988 Sanctions List. The Security Council Committee established pursuant to Resolution 1988 (2011) amended 22 entries on its sanctions list, updating identification details, passport numbers, addresses, and other information for Taliban-linked individuals subject to assets freeze, travel ban, and arms embargo under Security Council Resolution 2816 (2026).

Key Points

  • The UNSC 1988 Committee amended 22 entries on 10 March 2026 under Chapter VII of the UN Charter
  • Sanctions measures include assets freeze, travel ban, and arms embargo per UNSC Resolution 2816 (2026)
  • Amendments include updated passport details, addresses, and biographical information for listed individuals
  • Notable amended entries include senior Taliban figures: Mohammad Hassan Akhund (TAi.002), Abdul Kabir Mohammad Jan (TAi.003), and Abdul Latif Mansur (TAi.007)
  • Mohammad Hassan Akhund has a new Afghan passport (P04581926, issued 7 Aug. 2024, expires 7 Aug. 2034)
  • Abdul Kabir Mohammad Jan holds Afghan diplomatic passport D0009925 (issued 22 May 2022, expires 22 May 2027)
  • All listed individuals have INTERPOL-UN Security Council Special Notice web links for reference

Regulatory Changes

  • The 1988 Sanctions List has been updated with amended entries effective 10 March 2026
  • BSE members and intermediaries must update their screening systems to reflect the revised list under Section 51A of the Unlawful Activities (Prevention) Act (UAPA), 1967
  • The amendments reflect changes to passport numbers, nationalities, addresses, and designations of listed persons

Compliance Requirements

  • All BSE trading members, clearing members, and registered intermediaries must update their AML/CFT screening databases with the amended 1988 Sanctions List entries
  • Entities must ensure no transactions are conducted with or on behalf of listed individuals or entities
  • Any matches identified during screening must be reported to the relevant authorities as per UAPA and SEBI AML guidelines
  • Members should refer to INTERPOL-UN Special Notice links for the most current details on listed individuals

Important Dates

  • 10 March 2026: Date of UNSC 1988 Committee amendment of 22 entries
  • 13 March 2026: BSE circular dissemination date
  • Compliance with updated list should be implemented immediately upon receipt of this circular

Impact Assessment

This circular has no direct impact on trading, listed securities, or market operations. The impact is primarily a compliance and operational matter for BSE members and intermediaries who are required to maintain updated sanctions screening lists under Indian AML/CFT regulations. Failure to comply with UAPA Section 51A obligations can attract regulatory action from SEBI and other authorities. The update involves detailed amendments to existing entries rather than addition of new names, requiring members to refresh existing records in their compliance systems.

Impact Justification

High importance as it mandates compliance obligations for all BSE members and intermediaries under UAPA Section 51A to screen against updated UNSC sanctions list; medium market impact as it does not directly affect trading or listed securities.