Current · Source: Reserve Bank of India · RBI/2009-10/314 · issued 11 Feb 2010 · ~2 min read
Quick answerRBI has updated the UNSCR 1267/1822 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban. All Urban Co-operative Banks must screen new and existing accounts against this list and comply with UAPA freezing orders.
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
Banks must check the updated UN list of bad guys (terrorists linked to Al-Qaida and Taliban) before letting anyone open a new account.
Banks must also scan all existing accounts to see if any match the updated list.
If a match is found, banks must freeze that account's money and assets right away, following the rules from the government's UAPA order.
The Compliance Officer (the person in charge of following rules) must tell the RBI regional office that the bank got this update.
How it plays out — a real example
A co-operative bank branch officer in Indore, Priya, receives this RBI circular. She immediately updates her bank's internal list of banned names from the UN website. Before approving a new gold loan for a customer, she screens the name against the updated list and finds no match, so she proceeds. Later, she runs a fresh scan of all existing loan accounts and discovers one account linked to a newly added name; she freezes that account's funds as per the UAPA order.
What changed
RBI forwarded a January 26, 2010 note from the UN Security Council's 1267 Committee with changes to the consolidated list of individuals and entities linked to Al-Qaida and Taliban. This supersedes the previous lists circulated via circulars dated February 9 and 10, 2010.
What it means for you
UCBs must immediately update their internal sanctions screening databases with the revised UN list. Failure to identify and freeze accounts of designated entities could lead to regulatory action and reputational risk. The circular reinforces the mandatory compliance with the UAPA Order of August 27, 2009.
What you must do
Update your internal consolidated list of UNSCR 1267/1822 designated individuals/entities with the latest changes from the UN website.
Screen all new account openings against the updated list before onboarding any customer.
Conduct a fresh scan of all existing accounts to identify any matches with the revised list.
Freeze funds, financial assets, or economic resources of any matched accounts as per paragraph 6 of the November 16, 2009 circular.
Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer/Principal Officer.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs, Branch managers handling account opening and KYC
❓ Common questions
Where can I find the latest consolidated list?
The complete consolidated list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml. RBI has also enclosed a copy of the UN note with changes dated January 26, 2010.
What action is required if we find a match in an existing account?
You must immediately freeze the funds, financial assets, or economic resources held in that account, following the procedure detailed in paragraph 6 of RBI circular UBD.CO.BPD.PCB.Cir.No.21/12.05.001/2009-10 dated November 16, 2009.
Do we need to acknowledge receipt of this circular?
Yes, the Compliance Officer or Principal Officer of the bank must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/314
UBD (PCB) CO.BPD. Cir. No. 45 /14.01.062/2009-10
February 11, 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. 43 / 14.01.062 / 2009-10 dated February 9, 2010 and UBD (PCB) CO.BPD. Cir. No. 44 /14.01.062/2009-10 dated February 10, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), a copy of note dated January 26, 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/2009-10/314 · issued 11 Feb 2010. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account openings against the updated list before onboarding any customer.
📜 Compliance
Update your internal consolidated list of UNSCR 1267/1822 designated individuals/entities with the latest changes from the UN website.
Conduct a fresh scan of all existing accounts to identify any matches with the revised list.
Freeze funds, financial assets, or economic resources of any matched accounts as per paragraph 6 of the November 16, 2009 circular.
Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer/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, Branch managers handling account opening and KYC), your first concrete step on “UNSCR 1267/1822 Terrorist List Update for UCBs” is: “Update your internal consolidated list of UNSCR 1267/1822 designated individuals/entities with the latest changes from the UN website.” (RBI issued this 11 Feb 2010).
Circular: RBI/2009-10/314 -- UNSCR 1267/1822 Terrorist List Update for UCBs
Issued: 11 Feb 2010
Action required: Update your internal consolidated list of UNSCR 1267/1822 designated individuals/entities with the latest changes from the UN website.
Action required: Screen all new account openings against the updated list before onboarding any customer.
Action required: Conduct a fresh scan of all existing accounts to identify any matches with the revised list.
Action required: Freeze funds, financial assets, or economic resources of any matched accounts as per paragraph 6 of the November 16, 2009 circular.
Action required: Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer/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=5500&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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