Current · Source: Reserve Bank of India · RBI/2010-11/310 · issued 13 Dec 2010 · ~2 min read
Quick answerRBI has forwarded the latest UN 1267 Committee updates to the Al-Qaida/Taliban consolidated list. Urban co-operative banks must screen new and existing accounts against this list, freeze assets of designated entities per UAPA rules, and confirm receipt to their Regional Office.
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 must update their list of bad people (terrorists) with the newest UN list from December 7, 2010.
Before opening a new account, check the customer's name against this list to make sure they are not on it.
Also check all existing accounts to see if any customer is on the list.
If a customer is on the list, freeze their money and assets following the rules from the November 16, 2009 circular.
The compliance officer must tell the RBI Regional Office that they got this update.
How it plays out — a real example
A co-operative bank branch officer in Indore, Priya, receives this circular. She immediately updates her bank's screening database with the new UN list. That afternoon, she checks a new account application from a local shopkeeper and confirms his name is not on the list, then also runs a scan of all existing accounts to ensure none match the updated list.
What changed
RBI circulated a fresh UN 1267 Committee note dated December 7, 2010, containing changes to the consolidated list of individuals/entities linked to Al-Qaida and Taliban. This updates the previous list sent via circular dated October 19, 2010.
What it means for you
Urban co-operative banks must immediately update their internal screening databases with the revised UN list. They are required to check all new account openings against this list and also review existing accounts to identify any matches. Freezing of funds and assets must follow the procedure outlined in the earlier UAPA order circular of November 16, 2009.
What you must do
Update your bank's consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to ensure none are held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Have the compliance officer/Principal Officer acknowledge receipt of this circular to the concerned RBI Regional Office.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers and Principal Officers of Urban Co-operative Banks
❓ Common questions
What is the source of the updated list?
The list is based on a note dated December 7, 2010, from the Chairman of the UN Security Council's 1267 Committee, forwarded by the Government of India.
Do we need to check only new accounts or existing ones too?
Both. You must ensure no new account is opened for a listed entity, and you must scan all existing accounts to identify any linked to the list.
Where can we 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/2010-11/310
UBD.CO.BPD.(PCB). Cir.No. 29/14.01.062/2010-11
December 13, 2010
The Chief Executive Officer 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 Organization
Please refer to our circular UBD (PCB) CO.BPD.Cir No. 16/14.01.062/2010-11 dated October 19, 2010 on the above subject. We enclose a copy of note dated December 7, 2010 (received from the Govt. of India) of 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 Co-operative 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/2010-11/310 · issued 13 Dec 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 bank's consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Scan all existing accounts to ensure none are held by or linked to listed individuals/entities.
Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Have the compliance officer/Principal Officer acknowledge receipt of this circular to the concerned 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 and Principal Officers of Urban Co-operative Banks), your first concrete step on “UN Terror List Update for Urban Co-op Banks” is: “Update your bank's consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.” (RBI issued this 13 Dec 2010).
Circular: RBI/2010-11/310 -- UN Terror List Update for Urban Co-op Banks
Issued: 13 Dec 2010
Action required: Update your bank's consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to ensure none are held by or linked to listed individuals/entities.
Action required: Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of the November 16, 2009 circular.
Action required: Have the compliance officer/Principal Officer acknowledge receipt of this circular to the concerned 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=6143&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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