Reserve Bank of India vide its circular dated 24th January, 2023 has referred to Section 53 of its Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 wherein it has directed that the procedure laid down in the UAPA Order dated February 2, 2021 (Annex II of this Master Direction) shall be strictly followed and meticulous compliance with the Order issued by the Government shall be ensured.” With regard to Section 52, it has been directed that the details of accounts resembling any of the individuals/entities in the lists shall be reported to FIU-IND apart from Ministry of Home Affairs. It is further highlighted that the UAPA Order in Annex II of the MD on KYC, 2016 shall apply to amendments carried out in Schedule I and IV of the UAPA, 1967 apart from the UNSC lists mentioned in the Order.
Further, in this relation, vide Gazette notifications dated January 06, 2023, January 07, 2023 and January 09, 2023, of the MHA, three individuals have been declared as ‘Terrorists’ and have been listed in the IV of the UAPA 1967, under Section 35 (1) (a) of UAPA 1967. The Statutory Order (S.O.) numbers and the respective entries are as provided below:
| S.O. Numbers | Entries |
| 71(E) | 51. Arbaz Ahmad Mir |
| 104(E) | 52. Dr. Asif Maqbool Dar |
| 105(E) | 53. Arshdeep Singh Gill @ Arsh Dala |
This Circular is applicable to all the Regulated Entities and shall come into force with immediate effect.
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