Current · Source: Reserve Bank of India · RBI/2010-11/227 · issued 30 Sep 2010 · ~2 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update their records with the latest UN 1267 Committee consolidated list of individuals/entities linked to Al-Qaida and Taliban, and ensure no new or existing accounts are linked to listed entities.
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 and entities linked to Al-Qaida and Taliban as per the UN 1267 Committee changes.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and report any links to listed individuals or entities.
Freeze funds and financial assets of designated individuals or entities as per the UAPA Order and RBI circular.
How it plays out — a real example
Rahul, a compliance officer at a Primary Urban Co-operative Bank in Mumbai, ensures that all new account applications are screened against the updated list of terrorist individuals and entities. He also scans existing accounts to identify any links to listed individuals or entities and freezes funds and financial assets as per the UAPA Order and RBI circular.
What changed
RBI forwarded a new UN 1267 Committee note dated September 9, 2010, containing changes to the consolidated list of individuals and entities linked to Al-Qaida and Taliban. Urban Co-operative Banks must now update their internal lists accordingly and comply with the UAPA Order of August 27, 2009, as previously advised.
What it means for you
UCBs must immediately update their customer screening databases with the revised UN list and check all new and existing accounts against it. Failure to comply could lead to regulatory action, as the circular mandates strict adherence to government orders on freezing assets of designated entities.
What you must do
Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and report any links to listed individuals or entities.
Follow the freezing procedures outlined in paragraph 6 of RBI circular dated November 16, 2009, for any accounts linked to designated entities.
Acknowledge receipt of this circular to your respective Regional Office through the Compliance Officer/Principal Officer.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs
❓ Common questions
What is the source of the updated list?
The updated list comes from the UN Security Council's 1267 Committee, forwarded by the Ministry of External Affairs, Government of India, via a note dated September 9, 2010.
What action is required for existing accounts?
Banks must scan all existing accounts to ensure no account is held by or linked to any entity or individual on the updated list. If found, freezing of funds and assets must follow the procedure in paragraph 6 of the November 16, 2009 circular.
Where can the full consolidated list be accessed?
The complete consolidated 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/2010-11/227
UBD. BPD. (PCB).Cir. No.14 /14.01.062/2010-11
September 30, 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. 13/ 14.01.062 / 2010-11 dated September 27, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated September 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 lin ked 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/2010-11/227 · issued 30 Sep 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 the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Scan all existing accounts to identify and report any links to listed individuals or entities.
Follow the freezing procedures outlined in paragraph 6 of RBI circular dated November 16, 2009, for any accounts linked to designated entities.
Acknowledge receipt of this circular to your respective Regional Office through the Compliance Officer/Principal 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 (All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of UCBs), your first concrete step on “UN Terror List Update for UCBs – Sept 2010” is: “Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.” (RBI issued this 30 Sep 2010).
Circular: RBI/2010-11/227 -- UN Terror List Update for UCBs – Sept 2010
Issued: 30 Sep 2010
Action required: Update the consolidated list of terrorist individuals/entities as per the UN 1267 Committee changes received from the Government of India.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify and report any links to listed individuals or entities.
Action required: Follow the freezing procedures outlined in paragraph 6 of RBI circular dated November 16, 2009, for any accounts linked to designated entities.
Action required: Acknowledge receipt of this circular to your respective Regional Office through the Compliance Officer/Principal 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=6027&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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