Current · Source: Reserve Bank of India · RBI/2010-11/486 · issued 21 Apr 2011 · ~2 min read
Quick answerRBI directs StCBs/DCCBs to update the UNSCR 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida/Taliban. Banks must screen new and existing accounts against this list 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 your bank's internal list with the latest UN 1267 list (a list of people and groups linked to Al‑Qaida or Taliban) from the UN website right away.
Before opening any new account, check that the applicant's name is NOT on that list.
Scan all existing accounts to see if any match the list and, if they do, freeze the money as required by the UAPA (law that lets the government stop money of terrorists).
Follow the exact freezing steps described in paragraph 6 of the RBI circular dated October 29, 2009.
Tell your RBI Regional Office that you have received and acted on this circular.
How it plays out — a real example
Rita, the compliance officer at a State Co‑operative Bank in Mumbai, receives the RBI circular, updates the bank's UN 1267 list, runs the new customer application of Mr. Sharma through the list and finds no match, then runs a scan of all old accounts, discovers that an old savings account belongs to a name on the list, and promptly freezes that account following the October 29, 2009 RBI procedure, while sending an acknowledgement to the RBI regional office.
What changed
RBI forwarded a March 24, 2011 UN 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals and entities. This updates the previous circular dated April 21, 2011, requiring banks to update their reference list immediately.
What it means for you
Co-operative banks must ensure no new account is opened for any listed entity and must scan all existing accounts for matches. Non-compliance with UAPA Order 2009 freezing procedures could lead to regulatory action. This reinforces the ongoing obligation to maintain updated sanctions screening.
What you must do
Update your internal consolidated list with the latest UN 1267 Committee changes from the UN website.
Screen all new account applications against the updated list before onboarding.
Scan all existing accounts to identify and report any matches with listed individuals/entities.
Follow the freezing procedures outlined in paragraph 6 of RBI circular dated October 29, 2009 for any matches.
Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance/Principal Officer.
Who it affects
State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers and Principal Officers of co-operative banks
❓ Common questions
Where can I find the latest consolidated list of terrorist individuals/entities?
The complete consolidated list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml. RBI has also circulated the changes via this circular.
What action should I take if I find a match in an existing account?
You must immediately freeze the funds, financial assets, or economic resources as detailed in paragraph 6 of RBI circular dated October 29, 2009, and follow the UAPA Order dated August 27, 2009.
Do I need to confirm receipt of this circular?
Yes, the Compliance Officer or Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/486
RPCD.CO.RCB.AML.No.12267/07.02.12/2010-11
April 26 , 2011
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.RCB.AML.No.12146/07.02.12/2010-11/07.02.12/2010-11 dated April 21, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of the note dated March 24, 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 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/2010-11/486 · issued 21 Apr 2011. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before onboarding.
📜 Compliance
Update your internal consolidated list with the latest UN 1267 Committee changes from the UN website.
Scan all existing accounts to identify and report any matches with listed individuals/entities.
Follow the freezing procedures outlined in paragraph 6 of RBI circular dated October 29, 2009 for any matches.
Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance/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 (State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers and Principal Officers of co-operative banks), your first concrete step on “UNSCR 1267 Terrorist List Update for Co-op Banks” is: “Update your internal consolidated list with the latest UN 1267 Committee changes from the UN website.” (RBI issued this 21 Apr 2011).
Circular: RBI/2010-11/486 -- UNSCR 1267 Terrorist List Update for Co-op Banks
Issued: 21 Apr 2011
Action required: Update your internal consolidated list with the latest UN 1267 Committee changes from the UN website.
Action required: Screen all new account applications against the updated list before onboarding.
Action required: Scan all existing accounts to identify and report any matches with listed individuals/entities.
Action required: Follow the freezing procedures outlined in paragraph 6 of RBI circular dated October 29, 2009 for any matches.
Action required: Acknowledge receipt of this circular to your respective RBI Regional Office via the Compliance/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=6358&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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