Current · Source: Reserve Bank of India · RBI/2010-11/134 · issued 26 Jul 2010 · ~1 min read
Quick answerRBI directs StCBs/DCCBs to update their UNSCR 1267/1822 terrorist lists with new Al-Qaida/Taliban entries from July 15, 2010. Banks must screen new and existing accounts against this list and follow 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
Update the list of terrorist individuals/entities with the latest UN changes.
Screen new and existing accounts against the updated list before onboarding.
Scan existing accounts to identify and report any matches with the list.
Follow the freezing procedures for funds/assets as per paragraph 6 of the October 29, 2009 circular.
How it plays out — a real example
Rahul, a compliance officer in a co-operative bank, received the updated list of terrorist individuals/entities from the RBI. He immediately updated the internal watchlist and screened all existing accounts to identify any matches. He also ensured that all new account applications were screened against the updated list before onboarding. Rahul's diligent efforts helped prevent potential terrorist financing through the banking system.
What changed
RBI forwarded a Government of India note from the UN 1267 Committee with changes to the consolidated list of individuals/entities linked to Al-Qaida and Taliban. Banks must now use this updated list for account screening and compliance.
What it means for you
Co-operative banks must immediately update their internal watchlists and verify that no new or existing customer matches the revised UN list. Failure to comply with the UAPA Order and freezing procedures could lead to regulatory action. This reinforces the ongoing obligation to prevent terrorist financing through the banking system.
What you must do
Update the consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes received from the Government.
Screen all new account applications against the updated list before onboarding.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures for funds/assets as per paragraph 6 of the October 29, 2009 circular.
Ensure the Compliance Officer/Principal Officer acknowledges 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
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
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 a note dated July 15, 2010.
Do we need to check existing accounts as well?
Yes, the circular explicitly requires scanning all existing accounts to ensure none are held by or linked to listed individuals or entities.
What action is required if we find a match?
You must freeze the funds, financial assets, or economic resources as detailed in paragraph 6 of the October 29, 2009 circular, following the UAPA Order.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
RBI’s words: “Please refer to our circular letter RPCD.CO.RF.AML.No.1015/07.02.12/2010-11 dated July 26, 2010”
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/134
RPCD.CO.RF.AML.No.1015/07.02.12/2010-11
July 26, 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.937/07.02.12/2010-11 dated July 23, 2010 . We have since received from Government of India (Ministry of External Affairs) copy of note dated July 15, 2010 (copy enclosed) forwarded by 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.K.Moolchandani)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/134 · issued 26 Jul 2010. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before onboarding.
📜 Compliance
Update the consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes received from the Government.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures for funds/assets as per paragraph 6 of the October 29, 2009 circular.
Ensure the Compliance Officer/Principal Officer acknowledges 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 “Updated UN Terror List for Co-op Banks” is: “Update the consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes received from the Government.” (RBI issued this 26 Jul 2010).
Circular: RBI/2010-11/134 -- Updated UN Terror List for Co-op Banks
Issued: 26 Jul 2010
Action required: Update the consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes received from the Government.
Action required: Screen all new account applications against the updated list before onboarding.
Action required: Scan all existing accounts to identify and report any matches with the list.
Action required: Follow the freezing procedures for funds/assets as per paragraph 6 of the October 29, 2009 circular.
Action required: Ensure the Compliance Officer/Principal Officer acknowledges 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=5895&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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