StCBs/DCCBs: Update Terrorist List Under UNSCR 1267/1822
Current · Source: Reserve Bank of India · RBI/2009-10/466 · issued 14 May 2010 · ~1 min read
Quick answerRBI directs all State and Central Co-operative Banks to update the consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban under UNSCR 1267/1822, 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
Banks must update their list of bad people and groups linked to Al-Qaida and Taliban as told by the UN.
Before opening a new account, check the customer's name against this updated list to make sure they are not on it.
Check all existing accounts to find any that belong to or are linked to people or groups on the list.
If you find such an account, freeze the money and assets in it, following the rules from the government's UAPA order.
The Compliance Officer or Principal Officer must tell the RBI regional office that they got this circular.
How it plays out — a real example
A co-operative bank branch officer in Indore updates the bank's watch list with the new UN terrorist names. Before approving a new gold loan for a customer, she checks the customer's name against the list and finds no match, so she proceeds safely. Later, she scans old loan accounts and spots one linked to a listed entity, so she freezes that account's funds as per the UAPA rules.
What changed
RBI has forwarded a March 29, 2010 UN Security Council 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals/entities. Banks must update their records accordingly and ensure no account is held by or linked to listed entities.
What it means for you
Co-operative banks must immediately update their internal watch lists with the revised UN consolidated list. Before opening any new account, banks must verify the proposed customer's name against this list. Existing accounts must also be scanned to identify and freeze any linked assets as per the UAPA Order of August 27, 2009.
What you must do
Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Screen all new account applications against the updated list before account opening.
Scan all existing accounts to identify any held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic services of designated entities as per paragraph 6 of the October 29, 2009 circular.
Compliance Officer/Principal Officer to acknowledge receipt of this circular to the concerned RBI Regional Office.
Who it affects
State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers/Principal Officers of co-operative banks
❓ Common questions
Where can we find the complete consolidated list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What action is required for existing accounts linked to listed entities?
Banks must freeze funds, financial assets, or economic resources held in such accounts, following the procedure in paragraph 6 of the October 29, 2009 circular.
Do we need to acknowledge receipt of this circular?
Yes, the Compliance Officer/Principal Officer must send an acknowledgment to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/466
RPCD.CO.RF.AML.No.11901/07.02.12/2009-10
May 14, 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.11867/07.02.12/2009-10 dated May 13, 2010 . We have since received from Government of India (Ministry of External Affairs) copy of note dated March 29, 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,
(S.S.Sahota)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/466 · issued 14 May 2010. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before account opening.
📜 Compliance
Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Scan all existing accounts to identify any held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic services of designated entities as per paragraph 6 of the October 29, 2009 circular.
Compliance Officer/Principal Officer to acknowledge receipt of this circular to the concerned 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 (State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers/Principal Officers of co-operative banks), your first concrete step on “StCBs/DCCBs: Update Terrorist List Under UNSCR 1267/1822” is: “Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.” (RBI issued this 14 May 2010).
Circular: RBI/2009-10/466 -- StCBs/DCCBs: Update Terrorist List Under UNSCR 1267/1822
Issued: 14 May 2010
Action required: Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Action required: Screen all new account applications against the updated list before account opening.
Action required: Scan all existing accounts to identify any held by or linked to listed individuals/entities.
Action required: Freeze funds, financial assets, or economic services of designated entities as per paragraph 6 of the October 29, 2009 circular.
Action required: Compliance Officer/Principal Officer to acknowledge receipt of this circular to the concerned 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=5678&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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