The National Commodity & Derivatives Exchange (NCDEX) on September 11, 2026, has informed its Members about updates to the UNSC Sanctions Lists pursuant to Section 51A of the Unlawful Activities (Prevention) Act, 1967 (UAPA). The updates include amendments to two entries in the ISIL (Da’esh) & Al-Qaida Sanctions List under UNSCR 1267/1989 and one entry in the Taliban Sanctions List under UNSCR 1988.
Members are required to follow the Central Government Order dated February 2, 2021 for implementation of Section 51A of UAPA and scan all existing and future accounts to ensure that no account is held by or linked to any sanctioned individual or entity, in accordance with SEBI’s AML/CFT guidelines. Any delisting request received from a sanctioned person or entity must be electronically forwarded to the Joint Secretary (CTCR), Ministry of Home Affairs, with a copy to the Ministry of External Affairs. Members should also inform applicants that delisting requests may be submitted to the UN-appointed Ombudsperson.
Members are further advised to regularly monitor SEBI’s “UNSC Sanctions Committee List” section for subsequent amendments to the sanctions lists and ensure timely compliance with the updated requirements.
[Circular No. NCDEX/COMPLIANCE- 016/2026]
