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Recent income tax, GST, company law and compliance updates with source references.

Banking KYC & AML Compliance

RBI Directs Regulated Entities to Act on Three Updated UN Sanctions List Entries

In a 19 October 2026 communication, the RBI circulated changes to three entries in the UN ISIL (Da’esh) and Al-Qaida sanctions list and directed covered banks and other regulated entities to follow their applicable KYC and UAPA procedures.

Source: Reserve Bank of India · DoR.AML.REC.250/14.06.001/2026-27