We at Finakon track the regulatory changes. We also use AI to create a summary. We are providing a quick overview of the RBI circulars on a weekly basis on our website. The summary is neither exhaustive nor comprehensive. For accurate information, users shall refer to the original circular of the regulator. Finakon shall not be responsible for inferences drawn based on the summary provided.
RBI Communicates Removal of Three Individuals from UN Sanctions List
The Reserve Bank of India (RBI) has informed regulated entities about the United Nations Security Council’s (UNSC) decision to remove three individuals from the ISIL (Da’esh) and Al-Qaida Sanctions List, pursuant to its resolutions 1267 (1999), 1989 (2011) and 2253 (2015). The delisting was announced through UNSC Press Release SC/16488 dated October 26, 2026.
Following the decision, the asset freeze, travel ban and arms embargo applicable to these individuals under the relevant UN Security Council resolutions no longer apply.
RBI has advised regulated entities to take appropriate action in accordance with Chapter IX of the RBI (Know Your Customer) Directions, 2025, and strictly follow the procedures prescribed under the Unlawful Activities (Prevention) Act (UAPA) Order. Regulated entities must also ensure compliance with the updated UNSC sanctions lists. Any delisting request received by a bank must be forwarded electronically to the Joint Secretary (CTCR), Ministry of Home Affairs, for consideration.
https://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=13747
RBI Announces Updates to Three Entries in UNSC Sanctions List
The Reserve Bank of India (RBI) has notified regulated entities of amendments to three entries in the United Nations Security Council’s (UNSC) ISIL (Da’esh) and Al-Qaida Sanctions List, concerning Emilie Edwige Konig (QDi.340), Oumar Diaby (QDi.342) and Peter Cherif (QDi.376), through UNSC Press Release SC/16490 dated October 26, 2026.
RBI has advised regulated entities to take appropriate action under Chapter IX of the RBI KYC Directions, 2025, comply with the UAPA Order, and refer to the updated UNSC sanctions lists. Any delisting request received by a bank must be forwarded electronically to the Joint Secretary (CTCR), Ministry of Home Affairs.
https://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=13748
RBI Updates Five Entries in UNSC Taliban Sanctions List
The Reserve Bank of India (RBI) has notified regulated entities of amendments to five individual entries in the United Nations Security Council’s (UNSC) Taliban Sanctions List, communicated through Press Release SC/16494 dated October 29, 2026.
RBI has advised regulated entities to follow the RBI KYC Directions, 2025, and the applicable UAPA procedures, refer to the updated UNSC sanctions list, and forward any delisting requests received to the Joint Secretary (CTCR), Ministry of Home Affairs.
https://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=13749
