Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR Committee’s Al Qaida Sanctions List

All the Payment System Operators (PSOs) 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, PSOs 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.

All the PSOs are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to the Reserve Bank and ensure meticulous compliance to the Order issued by the Government.

To view the full notification, please follow the link

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