The National Commodity & Derivatives Exchange Limited (NCDEX) on November 02, 2026, issued an update pursuant to SEBI's communication dated October 28, 2026, regarding amendments to the United Nations Security Council (UNSC) sanctions lists under the 1267/1989 ISIL (Da'esh) and Al-Qaida Sanctions Committee, including the removal of three entries and amendment of three entries. Members are also informed that the updated UNSC Consolidated List, along with the lists relating to ISIL (Da'esh), Al-Qaida and Taliban, is available on the UNSC website.
Members are advised to follow the procedure prescribed under the Central Government Order dated February 2, 2021, for implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967. They must screen all existing accounts to ensure that no account is held by or linked to any individual or entity appearing on the updated sanctions lists and undertake similar screening for future accounts, in accordance with Clause 54 of SEBI's AML/CFT Guidelines dated June 6, 2024.
Further, any delisting request received from an individual or entity must be forwarded electronically to the Joint Secretary (CTCR), Ministry of Home Affairs, with a copy to the Joint Secretary (UNP), Ministry of External Affairs. Members should also inform applicants about the facility to submit delisting requests to the independent UN Ombudsperson. Updates to the UNSC Sanctions Lists are available on SEBI's website under “Media and Notifications” → “UNSC Sanctions Committee List”, which members are advised to monitor regularly.
[NCDEX Circular No. NCDEX/COMPLIANCE-020/2026]
