Current · Source: Reserve Bank of India · RBI/2009-10/352 · issued 19 Mar 2010 · ~1 min read
Quick answerRBI has updated the UNSCR 1267/1822 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban. 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
Update your internal database with the latest UN consolidated list.
Screen new account applications against the updated list before opening accounts.
Scan existing accounts to identify and flag any matches with the list.
Follow freezing procedures for any matched accounts.
How it plays out — a real example
As she reviews new account applications, she checks the UN consolidated list to ensure the proposed customers are not linked to Al-Qaida or Taliban. If a match is found, she freezes the account and notifies the relevant authorities, following the procedures outlined in the UAPA Order.
What changed
RBI forwarded a March 1, 2010 note from the UN Security Council's 1267 Committee with changes to the consolidated list of Al-Qaida and Taliban-linked individuals and entities. This updates the previous list circulated via circular dated February 11, 2010.
What it means for you
Urban co-operative banks must immediately update their internal watch lists with the revised UN consolidated list. They are required to verify all new account holders against this list and review existing accounts for any matches, ensuring no prohibited persons or entities hold accounts.
What you must do
Update your internal database with the latest UN consolidated list available at the UN website.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and flag any matches with the list.
Follow the freezing procedures outlined in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers / Principal Officers of these banks
❓ Common questions
Where can I find the complete updated list?
The full consolidated list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What action is required for existing accounts that match the list?
You must follow the freezing of funds, financial assets, or economic resources as detailed in paragraph 6 of the November 16, 2009 circular.
Do I need to report compliance to RBI?
Yes, the Compliance Officer or Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/352
UBD. BPD. (PCB).Cir. No.49 /14.01.062/2009-10
March 19, 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. 45/14.01.062/2009-10 dated February 11, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), a copy of note dated March 1, 2010 ( copy enclosed ) 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.
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/2009-10/352 · issued 19 Mar 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 database with the latest UN consolidated list available at the UN website.
Scan all existing accounts to identify and flag any matches with the list.
Follow the freezing procedures outlined in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office.
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 / Principal Officers of these banks), your first concrete step on “UN Terror List Update for Urban Co-op Banks” is: “Update your internal database with the latest UN consolidated list available at the UN website.” (RBI issued this 19 Mar 2010).
Circular: RBI/2009-10/352 -- UN Terror List Update for Urban Co-op Banks
Issued: 19 Mar 2010
Action required: Update your internal database with the latest UN consolidated list available at the UN website.
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 list.
Action required: Follow the freezing procedures outlined 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.
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=5538&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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