UCBs Must Update UN Terrorist Lists Under UNSCR 1267/1822
Current · Source: Reserve Bank of India · RBI/2010-11/523 · issued 11 May 2011 · ~2 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update the consolidated UN list of individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, and comply with UAPA freezing orders.
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 list of people and groups linked to Al-Qaida and Taliban with the latest information.
Check new bank accounts against this list before opening them.
Look at all existing bank accounts to see if they match any people or groups on the list.
Freeze money and assets if you find a match, as per the UAPA Order.
How it plays out — a real example
Rahul, a compliance officer at a Primary Urban Co-operative Bank in Mumbai, checks the updated list of individuals and entities linked to Al-Qaida and Taliban. He finds that a new customer's name matches one on the list and immediately freezes the customer's account, following the UAPA Order. Rahul ensures that all new and existing accounts are screened against the updated list to maintain compliance with the UNSCR 1267/1822 regulations.
What changed
RBI received a Government of India note dated April 28, 2011, from the UN Security Council's 1267 Committee with changes to the consolidated list of Al-Qaida and Taliban-linked individuals and entities. Urban Co-operative Banks must now update their records with these changes and ensure compliance with earlier circulars on account screening and freezing.
What it means for you
UCBs must immediately update their internal lists to reflect the latest UN sanctions list and screen all new account openings against it. Existing accounts must also be scanned to identify any matches, and if found, banks must freeze funds and assets as per the UAPA Order of August 27, 2009. Non-compliance could lead to regulatory action.
What you must do
Update your consolidated list of sanctioned individuals/entities with the latest UNSCR 1267/1822 changes received from the Government.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify any 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.
Acknowledge receipt of this circular to your respective RBI Regional Office.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers/Principal Officers of UCBs
❓ Common questions
What is the source of the updated list?
The list is from the UN Security Council's 1267 Committee, forwarded by the Ministry of External Affairs via a note dated April 28, 2011.
What actions are required for existing accounts?
Banks must scan all existing accounts to check if any are held by or linked to listed individuals/entities, and freeze funds as per the UAPA Order.
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/2010-11/523
UBD.CO.BPD (PCB) Cir.No.48/14.01.062/2010-11
May 11, 2011
The Chief Executive Officer of
All Primary (Urban) 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 UBD.CO. BPD (PCB).Cir.No.44/14.01.062/2010-11 dated May 2, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28, 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. 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. Urban Co-operative 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 Urban Co-operative Bank should acknowledge receipt of this circular to our Regional Office concerned.
Yours faithfully,
(L. M. Kamble)
General Manager
Encls: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/523 · issued 11 May 2011. 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 consolidated list of sanctioned individuals/entities with the latest UNSCR 1267/1822 changes received from the Government.
Scan all existing accounts to identify any 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.
Acknowledge receipt of this circular to your 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 Compliance officer at a bank this circular applies to (All Primary (Urban) Co-operative Banks, Compliance Officers/Principal Officers of UCBs), your first concrete step on “UCBs Must Update UN Terrorist Lists Under UNSCR 1267/1822” is: “Update your consolidated list of sanctioned individuals/entities with the latest UNSCR 1267/1822 changes received from the Government.” (RBI issued this 11 May 2011).
Circular: RBI/2010-11/523 -- UCBs Must Update UN Terrorist Lists Under UNSCR 1267/1822
Issued: 11 May 2011
Action required: Update your consolidated list of sanctioned individuals/entities with the latest UNSCR 1267/1822 changes received from the Government.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify any 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: Acknowledge receipt of this circular to your 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=6405&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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