Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: cpt :: ACCOUNTING STANDARD :: VAT RATES :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: form 3cd :: list of goods taxed at 4% :: VAT Audit :: articles on VAT and GST in India :: TDS :: Central Excise rule to resale the machines to a new company
 
 
« Latest Circulars »
 Regulatory requirements for issue of Pre-paid Payment Instruments by Co-operative Banks
 Applications invited for the Post of Deputy Governor, Reserve Bank of India
 Auction of Government of India Dated Securities May 22, 2017
  Direct Recruitment of ‘Chief Financial Officer’ in the rank of Executive Director in Reserve Bank of India
 A Call for Enterprise in Economic Data Generation and Information Analytics - Dr. Viral V Acharya, Deputy Governor - May 19, 2017 - Presentation at the 9th Indian Chamber of Commerce Banking Summit, Kolkata
 Reserve Bank of India Outlines the action plan to implement the Banking Regulation (Amendment) Ordinance, 2017
 RBI to conduct 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on May 18, 2017
 RBI to conduct 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on May 17, 2017
 RBI-Direct Recruitment of ‘Chief Financial Officer’ in the rank of Executive Director in Reserve Bank of India
 Auction of Government of India Dated Securities May 15, 2017
 Direct Recruitment of ‘Chief Financial Officer’ in the rank of Executive Director in Reserve Bank of India

Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267 (1999) /1989 (2011) Committees Sanctions List and Consolidated List Primary (Urban) Co-operative Banks
June, 04th 2013

RBI/2012-2013/518
UBD.BPD (PCB) Cir. No. 52 /14.01.062/2012-13

May 31, 2013

The Chief Executive Officer
All Primary (Urban) Co-operative Banks

Madam / Dear Sir,

Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267 (1999) /1989 (2011) Committee’s Al-Qaida Sanctions List and Consolidated List – Primary (Urban) Co-operative Banks

Please refer to our circular UBD. BPD. (PCB) Cir. No. 47/ 14.01.062/ 2012-13 dated April 4, 2013 on the captioned subject. We have since received from the Ministry of External Affairs, UNP Division, Government of India copies of notes dated January 15, 2013 February 5, 11, 22 & 25, 2013 and March 12, 14, 18, 19, 20 & 25, 2013 (copies enclosed) forwarded by the Chairman of UN Security Council's 1267/1989 Committee regarding changes made in the ‘Al-Qaida Sanctions List’, i.e. list of individuals and entities linked to Al-Qaida. Further, copies of Consolidated List of the Committee with respect to individuals, groups, undertakings and entities associated with Al-Qaida received with Note Verbale SCA/2/13 (13) dated April 8, 2013 are also enclosed.

2. Primary (Urban) Co-operative Banks (UCBs) are required to update the list of individuals/entities as circulated by Reserve Bank of India. Before opening any new account, it should be ensured that the name/s of the proposed customer does not appear in the list. Further, banks should scan all existing accounts to ensure that no account is held by or linked to any of the entities or individuals included in the list.

3. UCBs are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular UBD.CO.BPD. PCB. Cir. No. 21/12.05.001/2009-10 dated November 16, 2009 and ensure meticulous compliance to the Order issued by the Government.

4. As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts of the designated individuals/entities are concerned, action should be taken as detailed in paragraph 7 of the circular dated November 16, 2009 mentioned above.

5. The complete details of the said list are available on the UN website:

http://www.un.org/sc/committees/1267/pressreleases.shtml
http://www.un.org/sc/committees/1267/pdf/AQList.pdf

6. Compliance Officer/Principal Officer should acknowledge receipt of this circular to the Regional Office concerned.

(P.K. Arora)
General Manager

Encls.: As above.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Mission

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions