Current · Source: Reserve Bank of India · RBI/2010-11/135 · issued 23 Jul 2010 · ~2 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update the consolidated UN 1267 Committee list of individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, 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 terrorists from the UN website and check every new and old account against it.
Before opening a new account, banks must make sure the customer's name is NOT on the UN terrorist list.
Banks must scan all existing accounts to find and report any that are linked to people or groups on the list.
If a match is found, banks must freeze the account's money and assets following the rules in the UAPA Order (a government law against terrorism) from August 27, 2009.
The bank's compliance 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, Priya, receives this RBI circular. She immediately updates her bank's computer system with the new UN terrorist list from the website. 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. She also runs a check on all existing loan accounts and finds one linked to a listed entity, so she freezes that account's funds as per the UAPA Order rules.
What changed
RBI has forwarded a July 9, 2010 UN Security Council 1267 Committee note with changes to the consolidated list of terrorist individuals and entities. Urban Co-operative Banks must now update their records with these changes and ensure compliance with earlier circulars on account screening and asset freezing.
What it means for you
UCBs must immediately update their internal databases with the revised UN list and verify that no new or existing account is linked to any listed entity. Banks are also required to strictly follow the UAPA Order of August 27, 2009 for freezing funds and financial assets of designated individuals/entities, as detailed in the November 16, 2009 circular.
What you must do
Update the consolidated list of terrorist individuals/entities from the UN website and circulate it to all branches.
Screen all new account openings against the updated list before onboarding customers.
Scan all existing accounts to identify and report any matches with the list.
Follow the UAPA Order procedures for freezing funds and assets of designated entities as per paragraph 6 of the November 16, 2009 circular.
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 UCBs, Branch managers handling account opening and KYC
❓ Common questions
Where can we find the latest consolidated list of terrorist individuals/entities?
The complete list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml. RBI has also enclosed a copy of the UN note dated July 9, 2010 with this circular.
What action is required if we find an existing account linked to a listed entity?
You must immediately freeze the funds, financial assets, or economic resources in that account, following the procedure detailed in paragraph 6 of RBI circular dated November 16, 2009, and comply with the UAPA Order of August 27, 2009.
Do we need to report compliance to RBI?
Yes, the Compliance Officer or Principal Officer of the bank must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/135
UBD. BPD. (PCB).Cir. No. 3 /14.01.062/2010-11
July 23, 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. 2 / 14.01.062 / 2009-10 dated July 22, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated July 9, 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/2010-11/135 · issued 23 Jul 2010. The plain-English explanation above is BankPulse’s own independent summary.
Update the consolidated list of terrorist individuals/entities from the UN website and circulate it to all branches.
Screen all new account openings against the updated list before onboarding customers.
📜 Compliance
Scan all existing accounts to identify and report any matches with the list.
Follow the UAPA Order procedures for freezing funds and assets of designated entities as per paragraph 6 of the November 16, 2009 circular.
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 Branch Manager at a bank this circular applies to (All Primary (Urban) Co-operative Banks, Compliance Officers / Principal Officers of UCBs, Branch managers handling account opening and KYC), your first concrete step on “UCBs Must Update UN Terrorist List for Compliance” is: “Update the consolidated list of terrorist individuals/entities from the UN website and circulate it to all branches.” (RBI issued this 23 Jul 2010).
Circular: RBI/2010-11/135 -- UCBs Must Update UN Terrorist List for Compliance
Issued: 23 Jul 2010
Action required: Update the consolidated list of terrorist individuals/entities from the UN website and circulate it to all branches.
Action required: Screen all new account openings against the updated list before onboarding customers.
Action required: Scan all existing accounts to identify and report any matches with the list.
Action required: Follow the UAPA Order procedures for freezing funds and assets of designated entities as per paragraph 6 of the November 16, 2009 circular.
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=5896&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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