Current · Source: Reserve Bank of India · RBI/2010-11/170 · issued 13 Aug 2010 · ~1 min read
Quick answerRBI directs all Primary (Urban) Co-operative Banks to update their records with the latest UN 1267 Committee's consolidated list of individuals/entities linked to Al-Qaida and Taliban, and screen new and existing accounts against this list.
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 your internal database with the latest UN 1267 consolidated list from the UN website.
Screen all new account applications against the updated list before opening accounts.
Run a one-time scan of all existing accounts to identify any matches with the updated list.
Freeze funds and financial assets of any matched individuals/entities as per the November 16, 2009 circular's paragraph 6.
How it plays out — a real example
Aisha, a co-operative bank branch officer in Indore, ensures that all new customers are screened against the updated UN sanctions list before opening their accounts. She also runs a one-time scan of all existing accounts to identify any matches with the updated list and freezes funds and financial assets of any matched individuals/entities as per the RBI circular.
What changed
RBI forwarded two new UN 1267 Committee notes (dated July 28 and July 30, 2010) with changes to the consolidated list of terrorist individuals/entities. This updates the previous circular of July 29, 2010. Banks must now use this latest list for customer screening.
What it means for you
UCBs must immediately incorporate the updated UN sanctions list into their account opening and monitoring processes. Failure to screen and freeze accounts of designated entities could lead to regulatory action. This reinforces the government's UAPA order compliance requirements.
What you must do
Update your internal database with the latest UN 1267 consolidated list from the UN website.
Screen all new account applications against the updated list before opening accounts.
Run a one-time scan of all existing accounts to identify any matches with the updated list.
Freeze funds and financial assets of any matched individuals/entities as per the November 16, 2009 circular's paragraph 6.
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?
The complete list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What action is required for existing accounts that match the list?
You must freeze the funds, financial assets, or economic resources held in such accounts, following the procedure detailed in paragraph 6 of the November 16, 2009 circular.
Do we need to report compliance to RBI?
Yes, the Compliance Officer or Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/170
UBD. BPD. (PCB).Cir. No. 8 /14.01.062/2010-11
August 13, 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. 5/ 14.01.062 / 2009-10 dated July 29, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated July 28, 2010 (copy enclosed) and July 30, 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/2010-11/170 · issued 13 Aug 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 your internal database with the latest UN 1267 consolidated list from the UN website.
Run a one-time scan of all existing accounts to identify any matches with the updated list.
Freeze funds and financial assets of any matched individuals/entities as per the November 16, 2009 circular's paragraph 6.
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 Compliance officer 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 “UN Terror List Update for UCBs – August 2010” is: “Update your internal database with the latest UN 1267 consolidated list from the UN website.” (RBI issued this 13 Aug 2010).
Circular: RBI/2010-11/170 -- UN Terror List Update for UCBs – August 2010
Issued: 13 Aug 2010
Action required: Update your internal database with the latest UN 1267 consolidated list from the UN website.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Run a one-time scan of all existing accounts to identify any matches with the updated list.
Action required: Freeze funds and financial assets of any matched individuals/entities as per the November 16, 2009 circular's paragraph 6.
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=5946&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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