Page 60 - Banking Finance March 2023

RBI CIRCULAR

4. These instructions are issued under Section 10 (2) read February 03, 2023 wherein the Security Council
with Section 18 of Payment and Settlement Systems Committee pursuant to resolutions 1267 (1999), 1989
Act, 2007 (Act 51 of 2007). (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-
Qaida and associated individuals, groups, undertakings
and entities enacted the amendments specified with
Issuance of PPIs to Foreign Nationals /
underline and strikethrough in the entries mentioned
Non-Resident Indians (NRIs) visiting India in the annex on its ISIL (Da’esh) and Al-Qaida Sanctions
List of individuals and entities subject to the assets
February 10, 2023
freeze, travel ban and arms embargo set out in
paragraph 1 of Security Council resolution 2610 (2021),
1. As announced in the Statement on Developmental and
and adopted under Chapter VII of the Charter of the
Regulatory Policies dated February 08, 2023, it has been
United Nations.
decided to allow access to Unified Payments Interface
3. The UNSC press release concerning amendments to the
(UPI) to foreign nationals and NRIs visiting India. To
list is available at URL: https://www.un.org/
start with, this facility will be extended to travellers
securitycouncil/sanctions/1267/press-releases
from the G-20 countries at select international airports
for their merchant payments (P2M) while they are in 4. The details of the sanction measures and exemptions
the country. Going forward, this will be enabled across are available at the following URL: https://
all entry points in the country. The Master Directions ww w. u n . o r g / s e c u r i t yco u n c i l / s an c t i o n s /
on Prepaid Payment Instruments (PPIs) dated August 1267#further_information
27, 2021 (updated as on November 12, 2021) has been
5. In view of the above, REs are advised to take
updated by inserting paragraph 10.3 therein.
appropriate action in terms of sections 51, 52 and 53
2. These instructions shall come into effect immediately. of the MD on KYC and strictly follow the procedure laid
down in the UAPA Order dated February 2, 2021
3. This circular is issued under Section 10 (2) read with
annexed to the MD on KYC.
Section 18 of the Payment and Settlement Systems Act,
2007 (Act 51 of 2007). 6. Updated lists of individuals and entities linked to ISIL
(Da'esh), Al-Qaida and Taliban are available at:
Implementation of Section 51A of www.un.org/securitycouncil/sanctions/1267/

UAPA,1967: Updates to UNSC’s 1267/ 1989 aq_sanctions_list
https://www.un.org/securitycouncil/sanctions/1988/
ISIL (Da'esh) & Al-Qaida Sanctions List
materials
(Amendments to 29 entries)
7. Further, as per the instructions from the Ministry of
February 03, 2023 Home Affairs (MHA), any request for delisting received
by any RE is to be forwarded electronically to Joint
1. Please refer to Section 51 of our Master Direction on
Secretary (CTCR), MHA for consideration. Individuals,
Know Your Customer dated February 25, 2016 as
groups, undertakings or entities seeking to be removed
amended on May 10, 2021 (MD on KYC), in terms of
from the Security Council’s ISIL (Da'esh) and Al-Qaida
which “Regulated Entities (REs) shall ensure that in
Sanctions List can submit their request for delisting to
terms of Section 51A of the Unlawful Activities
an independent and impartial Ombudsperson who has
(Prevention) (UAPA) Act, 1967, they do not have any
been appointed by the United Nations Secretary-
account in the name of individuals/entities appearing
General.
in the lists of individuals and entities, suspected of
More details are available at the following URL: https:/
having terrorist links, which are approved by and
/www.un.org/securitycouncil/ombudsperson/
periodically circulated by the United Nations Security
application
Council (UNSC).”
8. REs are advised to take note of the aforementioned UNSC
2. In this connection, Ministry of External Affairs (MEA)
communications and ensure meticulous compliance.
has informed about UNSC press release SC/15190 dated
54 | 2023 | MARCH | BANKING FINANCE