Description

BSE forwards SEBI communication regarding UNSC amendments to 3 entries in the ISIL (Da'esh) and Al-Qaida Sanctions List under Section 51A of UAPA, 1967, requiring members to scan accounts and ensure compliance.

Summary

BSE has forwarded a SEBI communication regarding updates to the United Nations Security Council (UNSC) 1267/1989 ISIL (Da’esh) and Al-Qaida Sanctions List. Per UNSC Note SC/16341 dated April 15, 2026, three entries have been amended. All BSE members are required to take immediate compliance action including scanning all existing and future accounts against the updated list.

Key Points

  • UNSC Note SC/16341 (April 15, 2026) amends 3 entries in the ISIL (Da’esh) and Al-Qaida Sanctions List
  • Members must follow the Central Government Order dated February 2, 2021 for implementation of Section 51A of UAPA, 1967
  • Obligation to scan all existing accounts and apply checks to future accounts per SEBI AML/CFT Guidelines dated June 6, 2024 (clause 54)
  • 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
  • Individuals seeking removal from the UNSC Sanctions List may apply to the independent UN Ombudsperson
  • Updated sanctions list amendments are available on SEBI website under Media and Notifications > UNSC Sanctions Committee List

Regulatory Changes

Three entries in the UNSC 1267/1989 ISIL (Da’esh) and Al-Qaida Sanctions List have been amended as per UNSC Note SC/16341 dated April 15, 2026. The specific amended entries are detailed in Annexure A (UNSC note) and Annexure B (UNSC press release) attached to the BSE notice.

Compliance Requirements

  • Scan all existing accounts to ensure no account is held by or linked to any entity or individual on the updated sanctions list
  • Apply the same verification to all future accounts
  • Adhere to clause 54 of SEBI Guidelines on AML Standards and CFT (dated June 6, 2024)
  • Follow procedures outlined in the Central Government Order dated February 2, 2021 on Section 51A of UAPA, 1967
  • Forward any de-listing requests received to:
  • Regularly visit SEBI website for future updates to the sanctions list

Important Dates

  • April 15, 2026: UNSC Note SC/16341 issued — 3 entries amended
  • April 21, 2026: BSE notice date — immediate compliance required
  • February 2, 2021: Central Government Order on Section 51A UAPA (reference procedure)
  • June 6, 2024: SEBI AML/CFT Guidelines (clause 54) — reference standard

Impact Assessment

This notice has moderate operational impact on all BSE members (brokers, intermediaries). While it does not affect trading operations or market structure, it imposes a mandatory legal compliance obligation under UAPA. Members must dedicate compliance resources to review and scan customer account databases against the three amended UNSC sanctions entries. Failure to comply carries regulatory and legal risk. No specific stocks or sectors are directly impacted; the obligation is universal across all member firms.

Impact Justification

Mandatory compliance obligation under UAPA Section 51A with legal consequences for non-compliance; operationally impacts all members who must scan existing and future accounts against updated sanctions list.