Current · Source: Reserve Bank of India · RBI/2010-11/403 · issued 11 Feb 2011 · ~1 min read
Quick answerRBI directs banks to update the UNSC 1267/1822 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, and follow UAPA freezing procedures as per earlier circulars.
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 update their list of bad people (terrorists linked to Al-Qaida and Taliban) using the new list from the UN and RBI.
Before letting anyone open a new account, check their name against this updated list to make sure they are not on it.
Check all existing accounts to see if any belong to or are linked to people or groups on the list.
If you find a match, freeze the account (stop all money moves) exactly as told in the RBI rule from September 17, 2009.
The Compliance Officer (the person in charge of following rules) must say 'yes, we got this' by acknowledging the circular.
How it plays out — a real example
A KYC & compliance officer in Indore receives the new UNSC list from RBI. She first updates her bank's computer system with the names. Then, before approving a new gold loan for a customer, she checks the customer's name against the list and finds no match, so she proceeds. Later, she reviews old accounts and spots one linked to a listed entity, so she immediately freezes that account following the September 2009 procedure.
What changed
RBI issued a circular on February 11, 2011, forwarding a UN Security Council 1267 Committee note dated February 9, 2011, with changes to the consolidated list of individuals/entities linked to Al-Qaida and Taliban. Banks must update their records with this revised list and ensure compliance with earlier UAPA-related instructions.
What it means for you
Banks and All India Financial Institutions must immediately update their internal databases with the latest UNSC 1267/1822 list. They are required to screen all new account applicants against this list and review existing accounts for any matches, taking freezing actions as per the September 17, 2009 circular.
What you must do
Update the consolidated list of terrorist individuals/entities from the UN website and RBI circular.
Screen all new account openings against the updated list before onboarding.
Scan all existing accounts to identify any linked to listed entities or individuals.
Follow the freezing procedure outlined in paragraph 6 of the September 17, 2009 circular for any matches.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular.
Who it affects
All Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions
❓ Common questions
What is the source of the updated list?
The list is from the UN Security Council's 1267 Committee, as forwarded by the Government of India (Ministry of External Affairs) via a note dated February 9, 2011.
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 consolidated list.
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/2010-11/403
DBOD. AML.No. 12705 /14.06.001/2010-11
February 11, 2011
The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/
Local Area Banks / All India Financial Institutions
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 DBOD. AML.No. 11884 /14.06.001/2010-11 dated January 31, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated February 9, 2011 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/All India Financial Institutions 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 DBOD.AML.BC. No. 44/14.01.001/2009-10 dated September 17, 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 September 17, 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.
Yours faithfully,
(S. K. Jha )
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/403 · issued 11 Feb 2011. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account openings against the updated list before onboarding.
📜 Compliance
Update the consolidated list of terrorist individuals/entities from the UN website and RBI circular.
Scan all existing accounts to identify any linked to listed entities or individuals.
Follow the freezing procedure outlined in paragraph 6 of the September 17, 2009 circular for any matches.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular.
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 Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions), your first concrete step on “UNSC 1267/1822 Terror List Update for Banks” is: “Update the consolidated list of terrorist individuals/entities from the UN website and RBI circular.” (RBI issued this 11 Feb 2011).
Circular: RBI/2010-11/403 -- UNSC 1267/1822 Terror List Update for Banks
Issued: 11 Feb 2011
Action required: Update the consolidated list of terrorist individuals/entities from the UN website and RBI circular.
Action required: Screen all new account openings against the updated list before onboarding.
Action required: Scan all existing accounts to identify any linked to listed entities or individuals.
Action required: Follow the freezing procedure outlined in paragraph 6 of the September 17, 2009 circular for any matches.
Action required: Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular.
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=6262&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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