a) SEBI vide press release no. 33/2020 dated June 10, 2020 has issued for implementation of Section 51A of UAPA, 1967-Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List -Addition of one individual.
b) Under Clause 2.8 of the SEBI Master Circular Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT) / Obligations of Securities Market Intermediaries under the Prevention of Money Laundering Act, 2002 and Rules framed there under date Oct 15, 2019inter-alia states that registered intermediaries should ensure that accounts are not opened in the name of anyone whose name appears in updated list of individuals and entities which 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). Registered intermediaries shall continuously scan all existing accounts to ensure that no account is held by or linked to any of the entities or individuals included in the list.
c) Stock Brokers/Depositories/AMFI/Registered intermediaries are advised to circulate these press releases to respective members/participants/AMC’s for necessary compliance as required., follow the procedure as well as advise their respective members/participants/AMC’s to follow the procedure as mentioned in the Central Government Order dated March 14, 2019 detailing the implementation of Section 51A of Unlawful Activities (Prevention) Act, 1967, Scan all existing accounts to ensure that no accountant is held by or linked to any of the entities or individuals included in the list and also ascertain the same for future accounts as well (As per Clause 2.8.1 of SEBI “Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT) /Obligations of Securities Market Intermediaries under the Prevention of Money Laundering Act, 2002 and Rules framed there under” issued on Oct 15, 2019,and Forward any request for de-listing received by them, electronically to Joint Secretary (CTCR) (e-mail id: firstname.lastname@example.org) and a copy of the same to MHA, Joint Secretary (UNP).
d) As per the instructions from Ministry of Home Affairs (MHA), individuals, groups, undertakings or entities seeking to be removed from the Security Council’s ISIL (Da'esh) and Al-Qaida Sanctions List can submit their request for de-listing to an independent and impartial Ombudsperson who has been appointed by the United Nations Secretary-General.
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