The National Commodity & Derivatives Exchange Limited (NCDEX) on April 30, 2026, issued a circular regarding updates for the implementation of Section 51A of UAPA, 1967.
The following has been stated:-
•SEBI has shared updates from the UN Security Council regarding amendments to the sanctions list, including changes to entries under the 1988 (2011) Committee.
•Members must follow procedures under Section 51A of the UAPA, 1967, as per the Central Government order.
•They are required to screen all existing and new accounts to ensure no linkage with sanctioned individuals or entities.
•Any delisting requests must be forwarded to designated authorities, and affected persons may approach the UN Ombudsperson.
•Members should regularly check SEBI and UNSC websites for updates and ensure full compliance with AML/CFT regulations.
[Circular No. : NCDEX/COMPLIANCE-010/2026]
