RBI advises REs to take note of amendments made by UNSC in list of individuals amp; entities, suspected of terrorist link

As per RBI’S master direction “Regulated Entities (REs) are required to ensure that they do not have any account in the name of individuals/entities appearing in the lists of individuals and entities, suspected of having terrorist links, which are approved by the United Nations Security Council (UNSC). The UNSC has currently amended the lists of individuals and entities. Therefore, RBI advised the REs to take note of the amendments made by UNSC.As per RBI’S master direction “Regulated Entities (REs) are required to ensure that they do not have any account in the name of individuals/entities appearing in the lists of individuals and entities, suspected of having terrorist links, which are approved by the United Nations Security Council (UNSC). The UNSC has currently amended the lists of individuals and entities. Therefore, RBI advised the REs to take note of the amendments made by UNSC.taxmann.com Latest Statutory HappeningsRead More

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