Current · Source: Reserve Bank of India · RBI/2010-11/215 · issued 27 Sep 2010 · ~2 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update the consolidated list of individuals/entities linked to Al-Qaida and Taliban as per UNSCR 1267/1822. Banks must screen new and existing accounts against this list and comply with 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
Banks must check the UN list of bad people (terrorists linked to Al-Qaida and Taliban) before opening any new account.
Banks must also check all existing accounts to see if any match the list, and tell the Compliance Officer if they find one.
If a match is found, the bank must freeze (lock) that account's money and assets, following the rules from a previous RBI circular.
The bank's Compliance Officer must send a message to the RBI office saying they got this rule.
How it plays out — a real example
A co-operative bank branch officer in Indore is opening a new account for a customer. She first checks the updated UN list on the bank's computer and sees the customer's name is not there, so she can proceed. Later, she scans old accounts and finds one that matches a name on the list; she immediately freezes that account and reports it to her Compliance Officer.
What changed
RBI has forwarded a note from the Chairman of the UN Security Council's 1267 Committee, dated August 24, 2010, which includes changes to the consolidated list of terrorist individuals and entities linked to Al-Qaida and Taliban. This updates the previous circular from August 13, 2010, requiring UCBs to incorporate these changes into their screening processes.
What it means for you
UCBs must immediately update their internal databases with the revised UN list to ensure no new accounts are opened for listed entities. Existing accounts must be scanned for matches, and any identified accounts must be frozen as per the UAPA Order procedures outlined in the November 16, 2009 circular. Non-compliance could lead to regulatory action.
What you must do
Update the consolidated list of terrorist individuals/entities from the UN website and integrate it into your account opening and screening systems.
Screen all existing accounts to identify any linked to listed individuals/entities and report findings to your Compliance Officer.
Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Ensure the Compliance Officer/Principal Officer acknowledges receipt of this circular to the respective RBI Regional Office.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs, Branch managers handling account opening and KYC processes
❓ Common questions
Where can we find the updated consolidated list?
The complete consolidated 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 with this circular.
What action is required for existing accounts that match the list?
Banks must freeze the funds, financial assets, or economic resources held in such accounts, following the procedures detailed in paragraph 6 of the November 16, 2009 circular.
Do we need to acknowledge receipt of this circular?
Yes, the Compliance Officer or Principal Officer of the bank must acknowledge receipt to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/215
UBD. BPD. (PCB).Cir. No. 13 /14.01.062/2010-11
September 27, 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. 8/ 14.01.062 / 2010-11 dated August 13, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated August 24, 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/2010-11/215 · issued 27 Sep 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 integrate it into your account opening and screening systems.
📜 Compliance
Screen all existing accounts to identify any linked to listed individuals/entities and report findings to your Compliance Officer.
Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Ensure the Compliance Officer/Principal Officer acknowledges receipt of this circular to the 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 and Principal Officers of UCBs, Branch managers handling account opening and KYC processes), your first concrete step on “UCBs Must Update Terrorist Lists Under UNSCR 1267” is: “Update the consolidated list of terrorist individuals/entities from the UN website and integrate it into your account opening and screening systems.” (RBI issued this 27 Sep 2010).
Circular: RBI/2010-11/215 -- UCBs Must Update Terrorist Lists Under UNSCR 1267
Issued: 27 Sep 2010
Action required: Update the consolidated list of terrorist individuals/entities from the UN website and integrate it into your account opening and screening systems.
Action required: Screen all existing accounts to identify any linked to listed individuals/entities and report findings to your Compliance Officer.
Action required: Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Action required: Ensure the Compliance Officer/Principal Officer acknowledges receipt of this circular to the 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=6016&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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