Download RBI Circular No.182 /2013-14/182 Dated August 14, 2013 For Implementation of Section 51-A of UAPA, 1967- Updates of the NSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List and Consolidated

Download RBI Circular No.182 /2013-14/182 Dated August 14, 2013 For Implementation  of  Section 51-A  of  UAPA,  1967-  Updates  of  the   NSCR 1267(1999) / 1989(2011) Committee’s Al Qaida Sanctions List and Consolidated

RBI/2013-14/182

DBOD.  AML.No. 2406 /14.06.001/2013-14                                                 August 14, 2013

The Chairmen / CEOs of all Scheduled   Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions

 Dear Sir,

 Implementation  of  Section 51-A  of  UAPA,  1967-  Updates  of  the   NSCR 1267(1999) / 1989(2011) Committee’s Al Qaida Sanctions List and Consolidated

List

Please refer to our circular DBOD. AML No. 14982/14.06.001/2012-13 dated April
17, 2013 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Division, copy of nineteenth update note dated August 6, 2013, (copy enclosed) forwarded by the Chairman of UN Security Council’s 1267/1989 Committee  regarding  amendments  made  in the “Al-Qaida Sanctions List”, i.e. list of individuals and entities linked to Al-Qaida. The copy of the update is available on UN website at the following url;

http://www.un.org/News/Press/docs/2013/sc11089.doc.htm

 2.   Banks/All   India   Financial   Institutions   are   required   to   update   the   list   of individuals/entities as circulated by Reserve Bank and before opening any new account, it should be ensured that the name/s of the proposed customer does not appear in the list. Further, banks should 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.

 3.   Banks are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular DBOD.AML.BC. No.44/14.01.001/2009-10   dated   September 17, 2009   and   ensure   meticulouscompliance to the Order issued by the Government.

4.  As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts of the designated individuals/entities are concerned, action should be taken as detailed in paragraph 6 of the circular dated September 17, 2009, mentioned above.

 5.  The complete details of the said list are available on the UN website:

http://www.un.org/sc/committees/1267/pressreleases.shtml

http://www.un.org/sc/committees/1267/aq_sanctions_list.shtml

 6. Compliance Officer/Principal Officer should acknowledge receipt of this circular.

Yours faithfully,

(Prakash Chandra Sahoo)
Chief General Manager

Encl: As above

 

(C. D. Srinivasan)
Chief General Manager

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