UN Terror List Update for UCBs: Al-Qaida/Taliban Sanctions
Current · Source: Reserve Bank of India · RBI/2009-10/498 · issued 18 Jun 2010 · ~2 min read
Quick answerRBI directs all Primary (Urban) Co-operative Banks to update their consolidated list of individuals/entities linked to Al-Qaida and Taliban per UNSCR 1267/1822. Banks must screen new and existing accounts against this list and follow UAPA Order procedures for freezing assets.
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
Urban Co-operative Banks (UCBs) must update their list of people and groups linked to Al-Qaida and Taliban using the UN website.
Before opening any new account, check that the customer's name is not on this list.
Check all existing accounts to see if any are owned by or linked to anyone on the list.
If you find a match, freeze the account's money and assets as told in earlier RBI rules.
The bank's 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 receives this circular and immediately goes to the UN website to download the updated list. She then runs a check on all new loan applications that day, and also scans her branch's existing gold-loan accounts to make sure none belong to any listed person. She finds no matches, so she sends a quick acknowledgment email to her Regional Office as instructed.
What changed
RBI forwarded a June 4, 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 updates the previous list circulated via circular dated May 14, 2010. UCBs must now incorporate these changes into their screening processes.
What it means for you
UCBs must immediately update their internal sanctions lists and ensure no new account is opened for any listed individual/entity. Existing accounts must be scanned to identify any links to the updated list. Banks must also comply with the UAPA Order of August 27, 2009, including freezing funds and assets of designated persons as per earlier instructions.
What you must do
Update the consolidated list of UN-designated individuals/entities linked to Al-Qaida and Taliban using the UN website (http://www.un.org/sc/committees/1267/consolist.shtml).
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify any held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic resources of designated persons as per paragraph 6 of the November 16, 2009 circular.
Acknowledge receipt of this circular to your 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
What is the source of the updated list?
The updated list comes from the UN Security Council's 1267 Committee, as communicated by the Government of India (Ministry of External Affairs) via a note dated June 4, 2010.
What actions are required for existing accounts?
Banks must scan all existing accounts to ensure no account is held by or linked to any entity or individual on the updated list. If found, freezing of funds and assets must follow the procedure in paragraph 6 of the November 16, 2009 circular.
Where can we find the complete consolidated list?
The complete consolidated 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/2009-10/498
UBD. BPD. (PCB).Cir. No.72 /14.01.062/2009-10
June 18, 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 - UCBs
Please refer to our circular UBD (PCB) CO.BPD. Cir. No. 67/14.01.062/2009-10 dated May 14, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated June 4, 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. Urban Cooperative 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 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
(M. Nanda Kumar)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/498 · issued 18 Jun 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 the consolidated list of UN-designated individuals/entities linked to Al-Qaida and Taliban using the UN website (http://www.un.org/sc/committees/1267/consolist.shtml).
Scan all existing accounts to identify any held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic resources of designated persons as per paragraph 6 of the November 16, 2009 circular.
Acknowledge receipt of this circular to your 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 “UN Terror List Update for UCBs: Al-Qaida/Taliban Sanctions” is: “Update the consolidated list of UN-designated individuals/entities linked to Al-Qaida and Taliban using the UN website (http://www.un.org/sc/committees/1267/consolist.shtml).” (RBI issued this 18 Jun 2010).
Circular: RBI/2009-10/498 -- UN Terror List Update for UCBs: Al-Qaida/Taliban Sanctions
Issued: 18 Jun 2010
Action required: Update the consolidated list of UN-designated individuals/entities linked to Al-Qaida and Taliban using the UN website (http://www.un.org/sc/committees/1267/consolist.shtml).
Action required: Screen all new account applications against the updated list before opening accounts.
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 resources of designated persons as per paragraph 6 of the November 16, 2009 circular.
Action required: Acknowledge receipt of this circular to your 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=5731&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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