What changed
The Ministry of External Affairs communicated UNSC press release SC/15916 (Dec 2, 2024) amending three entries on the ISIL (Da'esh) and Al-Qaida Sanctions List. Specifically, entries for individuals Muthanna Harith Salman Al-Dari (QDi.278), Maysar Ali Musa Abdallah Al-Juburi (QDi.337), and Salim Mustafa Muhammad Al-Mansur (QDi.411) were updated with strikethrough/underline changes. All regulated entities must comply with Section 51A of UAPA, 1967 by ensuring no accounts are held for listed individuals/entities.
What it means for you
Banks and lenders must immediately cross-check their customer database against the amended UNSC list and freeze any accounts linked to these updated entries. Failure to comply could lead to regulatory action under UAPA and KYC master directions. This is a recurring obligation—entities must stay alert to periodic UNSC list updates.
What you must do
- Update your internal sanctions screening systems with the amended UNSC list entries (QDi.278, QDi.337, and QDi.411) as of December 2, 2024.
- Conduct a one-time review of all existing accounts to identify any matches with the updated entries and freeze them immediately if found.
- Ensure compliance with Paragraph 51 of the Master Direction on KYC (Feb 25, 2016, as amended Nov 6, 2024) regarding UAPA Section 51A obligations.
- Maintain records of screening and freezing actions for audit and regulatory reporting.
Who it affects
All scheduled commercial banks, All non-banking financial companies (NBFCs), All cooperative banks, All other regulated entities under RBI purview
What is the source of this update?
The Ministry of External Affairs informed RBI about UNSC press release SC/15916 dated December 2, 2024, which amended three entries on the ISIL (Da'esh) and Al-Qaida Sanctions List.
Do we need to freeze accounts immediately?
Yes, under Section 51A of UAPA, 1967, regulated entities must ensure no accounts exist for listed individuals/entities. If any match is found, freeze the account without prior notice and report to the relevant authorities.
Which entries were amended?
Three individuals: Muthanna Harith Salman Al-Dari (QDi.278), Maysar Ali Musa Abdallah Al-Juburi (QDi.337), and Salim Mustafa Muhammad Al-Mansur (QDi.411). The amendments include strikethrough and underline changes to their details.