Current · Source: Reserve Bank of India · RBI/2010-11/173 · issued 18 Aug 2010 · ~2 min read
Quick answerRBI directs all state and central co-operative banks to update their UNSC 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts against it, 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 bank’s internal list of terrorist individuals/entities with the latest UNSC 1267 changes from the July 2010 notes (UNSC 1267 is a UN list of people and groups linked to Al‑Qaida and Taliban).
Screen every new account application against this updated list before opening the account (screening means checking the customer’s name against the list).
Scan all existing accounts to find any that belong to or are linked to listed individuals/entities (scanning means reviewing current account holders).
If a match is found, freeze the funds and assets following the procedure in paragraph 6 of the October 29, 2009 circular (freezing means stopping the use of the money).
Acknowledge receipt of the circular to the RBI Regional Office via the Compliance Officer (acknowledgement means sending a confirmation note).
How it plays out — a real example
A gold‑loan officer in Indore, when reviewing a new customer’s application, notices the name on the updated UNSC 1267 list. She stops the account opening, reports the match to the compliance officer, and ensures any existing funds are frozen according to the RBI guidelines.
What changed
RBI issued a circular on August 18, 2010, forwarding updates to the UNSC 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, based on notes from the UN Security Council's 1267 Committee dated July 28 and July 30, 2010. 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 sanctions lists and screen all new and existing accounts against the revised UNSC 1267 list. Failure to identify and freeze assets of designated individuals/entities could lead to regulatory action. This reinforces the strict compliance required under the UAPA Order of August 27, 2009.
What you must do
Update your internal consolidated list of terrorist individuals/entities with the latest UNSC 1267 changes from the July 2010 notes.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify any linked to listed individuals/entities and report findings.
Follow the freezing procedures for funds and assets as per paragraph 6 of the October 29, 2009 circular.
Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance Officer.
Who it affects
State Co-operative Banks, Central Co-operative Banks, Compliance Officers/Principal Officers of co-operative banks
❓ Common questions
What is the UNSC 1267 consolidated list?
It is a list maintained by the UN Security Council's 1267 Committee of individuals and entities linked to Al-Qaida and Taliban, which RBI mandates banks to use for screening accounts.
What action is required if an existing account matches the list?
Banks must freeze the funds, financial assets, or economic resources in that account as per the procedures detailed in paragraph 6 of RBI's circular dated October 29, 2009.
Where can I find the complete consolidated list?
The full 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/2010-11/173
RPCD.CO.RF.AML.No.2130/07.02.12/2010-11
August 18, 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.1113/07.02.12/2010-11 dated July 28, 2010 . 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) 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/2010-11/173 · issued 18 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 consolidated list of terrorist individuals/entities with the latest UNSC 1267 changes from the July 2010 notes.
Scan all existing accounts to identify any linked to listed individuals/entities and report findings.
Follow the freezing procedures for funds and assets as per paragraph 6 of the October 29, 2009 circular.
Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance 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 (State Co-operative Banks, Central Co-operative Banks, Compliance Officers/Principal Officers of co-operative banks), your first concrete step on “UNSC 1267 Terror List Update for Co-op Banks” is: “Update your internal consolidated list of terrorist individuals/entities with the latest UNSC 1267 changes from the July 2010 notes.” (RBI issued this 18 Aug 2010).
Circular: RBI/2010-11/173 -- UNSC 1267 Terror List Update for Co-op Banks
Issued: 18 Aug 2010
Action required: Update your internal consolidated list of terrorist individuals/entities with the latest UNSC 1267 changes from the July 2010 notes.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify any linked to listed individuals/entities and report findings.
Action required: Follow the freezing procedures for funds and assets as per paragraph 6 of the October 29, 2009 circular.
Action required: Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance 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=5953&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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