The Securities and Exchnage Board of India (SEBI) on February 08, 2024, issued an Update for Implementation of Section 51A of UAPA, 1967, Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendment in 85 entries
The following has been stated namely: -
• It states that the updated list of individuals and entities that are subject to various sanction measures such as freezing of assets/accounts, denial of financial services, etc., as approved by the Security Council Committee established pursuant to various United Nations Security Council Resolutions (UNSCRs) can be accessed at its website at https://www.un.org/securitycouncil/content/un-sc-consolidated-list
• The updated “ISIL (Da’esh) &Al-Qaida Sanctions List”, which includes names of individuals and entities associated with the Al-Qaida is available at: http://www.un.org/securitycouncil/sanctions/1267/aq_sanctions_list
• It further states that the Stock Exchanges, Depositories, KRAs, AMFI, and registered intermediaries are advised to take note of the aforementioned UNSC communication and ensure compliance.
