HomeCirculars › RBI/2009-10/464

StCBs/DCCBs: Update UN Terror List for Al-Qaida/Taliban

Current · Source: Reserve Bank of India · RBI/2009-10/464 · issued 13 May 2010 · ~1 min read
Quick answerRBI directs all State and Central Co-operative Banks to update the UNSCR 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, and comply with 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
How it plays out — a real example

Rahul, a co-operative bank branch officer in Indore, was reviewing a new account application from a customer named 'Mohammed'. Rahul checked the updated list of terrorist individuals/entities and found that Mohammed's name was on it. He immediately froze the account and notified the RBI Regional Office, following the freezing procedures outlined in the circular.

What changed

RBI forwarded a March 25, 2010 UN 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals/entities. Banks must now update their records with this revised list and ensure no accounts are held by or linked to listed entities.

What it means for you

Co-operative banks must immediately update their internal databases with the latest UN consolidated list and screen all new and existing accounts. Non-compliance with UAPA orders on freezing assets could lead to regulatory action. This reinforces the zero-tolerance approach to terrorist financing in the Indian banking system.

What you must do

Who it affects

State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers/Principal Officers of these banks

❓ Common questions

What is the source of the updated list?

The list comes from the UN Security Council's 1267 Committee, forwarded by the Ministry of External Affairs via RBI circular.

What action is required if an existing account matches the list?

Banks must freeze the funds, financial assets, or economic resources as per paragraph 6 of the October 29, 2009 circular on UAPA orders.

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/2009-10/464 RPCD.CO.RF.AML.No.11867/07.02.12/2009-10 May 13, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.11756/07.02.12/2009-10 dated May 10, 2010 . We have since received from Government of India (Ministry of External Affairs) copy of note dated March 25, 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 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 RPCD.CO.RF.AML. BC. No. 34/07.40.00/ 2009-10 dated October 29, 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 October 29, 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. Compliance Officer/Principal Officer should acknowledge receipt of this circular letter to our concerned Regional Office. Yours faithfully, (R.C.Sarangi) Chief General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/464 · issued 13 May 2010. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Who does what — compliance checklist
💻 IT / Systems
  • Screen all new account applications against the updated list before opening accounts.
📜 Compliance
  • Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from RBI.
  • Scan all existing accounts to identify any linked to listed individuals/entities.
  • Follow the freezing procedures outlined in paragraph 6 of the October 29, 2009 circular for any matches found.
  • Acknowledge receipt of this circular to the concerned RBI Regional Office via 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 (State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers/Principal Officers of these banks), your first concrete step on “StCBs/DCCBs: Update UN Terror List for Al-Qaida/Taliban” is: “Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from RBI.” (RBI issued this 13 May 2010).

  1. Circular: RBI/2009-10/464 -- StCBs/DCCBs: Update UN Terror List for Al-Qaida/Taliban
  2. Issued: 13 May 2010
  3. Action required: Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from RBI.
  4. Action required: Screen all new account applications against the updated list before opening accounts.
  5. Action required: Scan all existing accounts to identify any linked to listed individuals/entities.
  6. Action required: Follow the freezing procedures outlined in paragraph 6 of the October 29, 2009 circular for any matches found.
  7. Action required: Acknowledge receipt of this circular to the concerned RBI Regional Office via the Compliance Officer/Principal Officer.
  8. Owner: ____________ Target date: ____________
  9. Board/committee approval needed? Y / N
  10. 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.

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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=5676&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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