SEBI Enforces Section 51A of UAPA 1967 to Combat Terror Financing, Following Revised Government Order.
The Securities and Exchange Board of India (SEBI) issued a circular to all registered intermediaries regarding the implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967, aimed at combating the financing of terrorism. This follows a revised order from the Government of India dated February 2, 2021, which supersedes previous guidelines. The circular mandates strict compliance with the new procedures and is issued under the authority of the Securities and Exchange Board of India Act, 1992, to safeguard investor interests and regulate securities markets.
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