The Securities and Exchange Board of India (SEBI) on August 05, 2026, in line with Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA), has reiterated that stock exchanges and registered intermediaries must ensure that no accounts are held in the names of individuals or entities appearing in the United Nations Security Council (UNSC) sanctions lists related to terrorism. These lists are periodically updated and must be strictly complied with under Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) obligations.
In this regard, the UNSC Committee established under Resolution 1988 (2011) has issued a notification dated July 30, 2026 (SC/16425), amending five entries in the Taliban Sanctions List. These individuals are subject to sanctions such as asset freezing, travel bans, and arms embargo, and the updated list is available on the official UNSC website.
Further, as per directions from the Ministry of Home Affairs (MHA), any request for de-listing received by banks, stock exchanges, intermediaries, or insurance companies must be forwarded to the Joint Secretary (CTCR), MHA. Affected individuals or entities may also apply for removal from the list through the UN’s prescribed delisting mechanism.
All stock exchanges, depositories, KYC Registration Agencies (KRAs), and SEBI-registered intermediaries are advised to take note of these updates and ensure strict compliance with the revised sanctions list to prevent dealing with designated individuals/entities involved in terrorism-related activities.
