UCBs: Update UN Terrorist List for New & Existing Accounts
Current · Source: Reserve Bank of India · RBI/2009-10/312 · issued 09 Feb 2010 · ~2 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update the UN 1267/1822 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts against it, and follow UAPA freezing procedures.
Sanctions-list safety note. This circular refers to a specific UN Security Council / UAPA designated-entities list update as it stood on the date above — sanctions lists change often, and a newer update almost certainly exists today. Never use this page, or any single dated circular, as your current screening list. Always screen against the live, current list at the official UAPA proscribed-organisations list and the UN Consolidated List, and confirm the obligations for your bank on the official rbi.org.in source below.
The rule, in the simplest words
Update your internal list with the latest UN changes to prevent association with terrorists.
Screen new account applications against the updated list before opening accounts.
Scan existing accounts to identify and flag any matches with listed individuals or entities.
Freeze assets of matched accounts as per earlier guidelines.
How it plays out — a real example
Rahul, a co-operative bank branch officer in Indore, ensures that all new customers are screened against the updated UN list before approving their loan applications. He also scans existing accounts to identify any matches and freezes the assets of matched entities as per the UAPA freezing procedures.
What changed
RBI forwarded a January 19, 2010 note from the UN Security Council's 1267 Committee with changes to the consolidated list of individuals/entities linked to Al-Qaida and Taliban. Banks must now update their records with this revised list and ensure compliance with earlier UAPA-related instructions.
What it means for you
UCBs must immediately incorporate the updated UN list into their customer screening processes to prevent any association with designated terrorists. Failure to comply could lead to regulatory action, and banks must also freeze assets of matched entities as per earlier circular guidelines.
What you must do
Update your internal consolidated list with the latest UN 1267 Committee changes received from the Ministry of External Affairs.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and flag any matches with the listed individuals or entities.
Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer or Principal Officer.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs
❓ Common questions
What is the source of the updated list?
The list is the UN Security Council's 1267 Committee consolidated list of individuals and entities linked to Al-Qaida and Taliban, as amended and forwarded by the Ministry of External Affairs via a note dated January 19, 2010.
What action is required for existing accounts?
Banks must scan all existing accounts to ensure none are held by or linked to any entity or individual on the updated list. If a match is found, freezing of funds and assets must follow the procedure in paragraph 6 of the November 16, 2009 circular.
Where can I find the complete consolidated list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/312
UBD (PCB) CO.BPD. Cir. No. 43/14.01.062/2009-10
February 9, 2010
The Chief Executive Officers of
All Primary (Urban) Co-operative Banks
Dear Sir / Madam,
List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida organisation
Please refer to our circular UBD (PCB) CO.BPD. Cir. No.40 / 14.01.062 / 2009-10 dated December 31, 2009 on the above subject. We have since received from Government of India (Ministry of External Affairs), a copy of note dated January 19, 2010 from the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban (copy enclosed).
2. Banks/Financial Institutions are required to update the consolidated list of individuals/entities as circulated by Reserve Bank and 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 . Banks 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 6 of the circular dated November 16, 2009, mentioned above.
5. The complete details of the said consolidated list are available on the UN website:
http://www.un.org/sc/committees/1267/consolist.shtml
6. The Compliance Officer / Principal Officer of the bank should acknowledge receipt of this circular to our Regional Office concerned.
Yours faithfully
(Monisha Chakraborty)
Deputy General Manager
Encl: As above.
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/312 · issued 09 Feb 2010. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before opening accounts.
📜 Compliance
Update your internal consolidated list with the latest UN 1267 Committee changes received from the Ministry of External Affairs.
Scan all existing accounts to identify and flag any matches with the listed individuals or entities.
Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer or Principal Officer.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs), your first concrete step on “UCBs: Update UN Terrorist List for New & Existing Accounts” is: “Update your internal consolidated list with the latest UN 1267 Committee changes received from the Ministry of External Affairs.” (RBI issued this 09 Feb 2010).
Circular: RBI/2009-10/312 -- UCBs: Update UN Terrorist List for New & Existing Accounts
Issued: 09 Feb 2010
Action required: Update your internal consolidated list with the latest UN 1267 Committee changes received from the Ministry of External Affairs.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify and flag any matches with the listed individuals or entities.
Action required: Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Action required: Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer or Principal Officer.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=5498&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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