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ARTICLE · 13 MARCH 2026

Banking & Finance Digest March 09, 2026

AK & Partners
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Reserve Bank of India ("RBI") issued a communication to banks, non-banking financial companies and other Regulated Entities ("REs") on implementing the Unlawful Activities (Prevention) Act, 1967...

IndiaFinance and Banking
Anuroop Omkar
Anuroop Omkar

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at [email protected].

1. Regulatory Updates

1.1. India

Reserve Bank of India (RBI)

1.1.1. RBI alerts Regulated Entities to UNSC 1267/1989 Delisting and Sanctions-Screening Actions

Reserve Bank of India ("RBI") issued a communication to banks, non-banking financial companies and other Regulated Entities ("REs") on implementing the Unlawful Activities (Prevention) Act, 1967, noting that the United Nations Security Council ("UNSC") Committee under the 1267 (1999) / 1989 (2011) / 2253 (2015) sanctions regime has, delisted 1 (one) entity: AL NUSRAH FRONT FOR THE PEOPLE OF THE LEVANT (including multiple aliases, such as Hay'at Tahrir al-Sham), and consequently the related asset-freeze, travel-ban and arms-embargo measures no longer apply to that entry. RBI has directed all REs to take action as per the Reserve Bank of India – Know

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