Home India Reserve Bank of India Implementation of Section 51A of Unlawful Activities Prevent...
Date: 2020-02-07 Category: Not Applicable State: Union Government Country: India

Implementation of Section 51A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da'esh) & Al-Qaida Sanctions List

Issued by Reserve Bank of India · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Policy Summary: Implementation of Section 51A of Unlawful Activities Prevention Act (UAPA), 1967 - Updates to ISIL (Da'esh) & Al-Qaida Sanctions List** This Reserve Bank of India (RBI) circular, reference number RBI20192020157 DOR.AML.BC.No.3214.06.001201920 dated February 07, 2020, addresses the implementation of Section 51A of the Unlawful Activities Prevention Act (UAPA), 1967, concerning sanctioned individuals and entities with suspected terrorist links. It serves as an update to the Master Direction on Know Your Customer (KYC) dated February 25, 2016, as amended on January 09, 2020. The circular instructs all Regulated Entities (REs) to ensure compliance with Section 51A of the UAPA, specifically to prevent maintaining accounts for individuals or entities appearing on lists approved and periodically circulated by the United Nations Security Council (UNSC). The Ministry of External Affairs (MEA) has forwarded UNSC press release SC/14097 dated February 04, 2020, which announces the addition of AMADOU KOUFA (QDi.425) of Malian origin to the ISIL (Da'esh) and Al-Qaida Sanctions List. Updated lists of individuals and entities linked to ISIL (Da'esh), Al-Qaida, and the Taliban are available on the UNSC website. REs are directed to meticulously comply with UAPA instructions and ensure no accounts are held for individuals/entities appearing on the UNSC circulated lists. For further information, contact Dr. S. K. Kar, Chief General Manager, Department of Regulation, Central Office, Central Office Building, 12th/13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001. Tel No: 22661602, 22601000. Fax No: 022-2270 5691.

Key Entities Referenced

Unlawful Activities Prevention Act, 1967: An Act of the Parliament of India to provide for the more effective prevention of certain unlawful activities of individuals and associations and for dealing with terrorist activities. ISIL Da'esh: Islamic State of Iraq and Levant, also known as Daesh, a militant group and self-proclaimed Islamic state. Al-Qaida: A multinational militant organization regarded as a terrorist group. United Nations Security Council: A United Nations body responsible for the maintenance of international peace and security. Ministry of External Affairs: The government agency responsible for the conduct of India's foreign relations. AMADOU KOUFA: An individual of Malian origin added to the Security Council ISIL (Da'esh) and Al-Qaida Sanctions List. Mali: Country of origin of Amadou Koufa Mumbai, Maharashtra: Location of the Central Office of the Department of Regulation, Reserve Bank of India
Official Source Record View Original Source →
See Full Document Text
RBI/2019-2020/157 DOR.AML.BC.No.32/14.06.001/2019-20 February 07, 2020 The Chairpersons/CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da'esh) & Al-Qaida Sanctions List Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on January 09, 2020, in terms of which “Regulated Entities (REs) shall ensure that in terms of Section 51A of the Unlawful Activities (Prevention) (UAPA) Act, 1967, they do not have any account in the name of individuals/entities appearing in the lists of individuals and entities, suspected of having terrorist links, which are approved by and periodically circulated by the United Nations Security Council (UNSC).” 2. In this regard, Ministry of External Affairs (MEA) has now forwarded a press release SC/14097 dated February 04, 2020 titled ‘Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee Adds one entry [QDi.425; AMADOU KOUFA of Malian origin] to its Sanctions List’, issued by the United Nations Security Council (UNSC). The UNSC press releases concerning amendments to the list are available at URL: https://www.un.org/securitycouncil/sanctions/1267/press-releases 3. Updated lists of individuals and entities linked to ISIL (Da'esh), Al-Qaida and Taliban are available at: https://www.un.org/securitycouncil/sanctions/1267/aq_sanctions_list https://www.un.org/securitycouncil/sanctions/1988/materials 4. In view of the above, Regulated Entities (REs) are advised to ensure meticulous compliance with the aforementioned instruction pertaining to UAPA and ensure that they do not have any account in the name of individuals/entities appearing in the lists of individuals and entities, suspected of having terrorist links, circulated by the UNSC. Yours faithfully, (Dr. S. K. Kar) Chief General Manager िविनयमन िवभाग, क��ीय कायार्लय, क��ीय कायार्लय भवन, 12व�/ 13व� मंिज़ल, शहीद भगत �संह मागर्, फोटर्, मुंबई- 400001 टेलीफोन/ Tel No: 22661602, 22601000 फैक्स/ Fax No: 022-2270 5691 Department of Regulation, Central Office, Central Office Building, 12th/ 13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai - 400001 "Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, passwords, etc. It never keeps or offers funds to anyone. Please do not respond in any manner to such offers."

Continue your research