Description

BSE forwards SEBI communication regarding UNSC amendments to 4 entries in the ISIL (Da'esh) and Al-Qaida Sanctions List, requiring members to scan accounts and ensure compliance under Section 51A of UAPA, 1967.

Summary

BSE has forwarded a SEBI communication regarding updates to the UNSC 1267/1989 Committee’s ISIL (Da’esh) and Al-Qaida Sanctions List, specifically noting amendments to 4 entries per UNSC press release SC/16336 dated April 13, 2026. Members are required to comply with Section 51A of the Unlawful Activities (Prevention) Act, 1967 and SEBI’s AML/CFT Guidelines dated June 06, 2024.

Key Points

  • UNSC press release SC/16336 (April 13, 2026) covers amendment of 4 entries in the sanctions list
  • Updated sanctions list available on UN Security Council website for both ISIL/Al-Qaida (resolution 1989) and Taliban (resolution 1988) committees
  • Members must scan all existing and future accounts against the updated list
  • De-listing requests must be forwarded to Joint Secretary (CTCR), MHA at jsctcr-mha@gov.in with a copy to MEA Joint Secretary (UNP) at jsunp@mea.gov.in
  • SEBI website maintains a dedicated tab “UNSC Sanctions Committee List” under “Media and Notifications” for ongoing updates

Regulatory Changes

Amendment of 4 entries in the UNSC 1267/1989 ISIL (Da’esh) and Al-Qaida Sanctions List as notified via SC/16336 dated April 13, 2026. Members must align their compliance processes with the Central Government Order dated February 02, 2021 implementing Section 51A of UAPA, 1967.

Compliance Requirements

  • Scan all existing accounts to verify no account is held by or linked to any listed entity or individual
  • Apply the same screening to all future accounts
  • Follow procedures outlined in Central Government Order dated February 02, 2021
  • Adhere to clause 54 of SEBI AML/CFT Guidelines dated June 06, 2024
  • Forward any de-listing requests to MHA Joint Secretary (CTCR) (jsctcr-mha@gov.in) and MEA Joint Secretary (UNP) (jsunp@mea.gov.in)
  • Inform affected individuals/entities about the UN Ombudsperson de-listing process at https://www.un.org/securitycouncil/ombudsperson/application
  • Regularly visit SEBI website for future sanctions list updates

Important Dates

  • April 13, 2026: UNSC press release SC/16336 issued (amendment of 4 entries)
  • April 17, 2026: BSE notice date; compliance actions expected immediately

Impact Assessment

This is a routine but legally mandatory compliance update affecting all BSE members and securities market intermediaries. Members must promptly update their AML/CFT screening processes to reflect the 4 amended entries. Failure to comply carries legal risk under UAPA, 1967. No direct market or trading impact is anticipated; operational impact is limited to back-office compliance and account screening workflows.

Impact Justification

Mandatory regulatory compliance requirement under UAPA Section 51A; members must immediately scan all accounts against updated UNSC sanctions list. High importance due to legal obligation; medium impact as it is a periodic update rather than a structural market change.