Current · Source: Reserve Bank of India · RBI/2010-11/558 · issued 07 Jun 2011 · ~2 min read
Quick answerRBI directs all state and central co-operative banks to update their records with the latest UN 1267 Committee list of terrorist individuals and entities linked to Al-Qaida and Taliban, and screen all new and existing accounts against this list.
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
Co-operative banks must update their records with the latest UN list of terrorist individuals and entities linked to Al-Qaida and Taliban
Banks must screen all new and existing accounts against this list to ensure no account is held by or linked to any listed entity
If a match is found, banks must follow the freezing procedures outlined in the UAPA Order
Banks must ensure meticulous compliance to the Order issued by the Government
The Compliance Officer must acknowledge receipt of this circular to the concerned RBI Regional Office
How it plays out — a real example
A Compliance Officer in Mumbai will update the bank's internal database with the revised UN sanctions list and then screen all new account applications against this list before opening any new accounts, while also scanning all existing accounts to identify any matches, and if found, will follow the freezing procedures to ensure the bank is not inadvertently supporting any terrorist activities.
What changed
RBI issued a circular on June 7, 2011, forwarding four new UN Security Council notes (dated May 4, 11, 16, and 27, 2011) that update the consolidated list of individuals and entities linked to Al-Qaida and Taliban. Banks must now incorporate these changes into their screening processes.
What it means for you
Co-operative banks must immediately update their internal databases with the revised UN sanctions list and ensure no new account is opened for any listed entity. Existing accounts must be scanned to identify any matches, and if found, freezing actions must follow the procedures outlined in the earlier UAPA Order of August 27, 2009.
What you must do
Update the consolidated list of terrorist individuals/entities with the four new UN notes received from the Ministry of External Affairs.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify any linked to listed individuals or entities.
Follow the freezing procedures detailed in paragraph 6 of the October 29, 2009 circular for any matches found.
Ensure the Compliance Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Who it affects
All State Co-operative Banks, All Central Co-operative Banks, Compliance Officers of co-operative banks, Principal Officers of co-operative banks
❓ Common questions
What is the source of the updated list?
The list is based on changes made by the UN Security Council's 1267 Committee, forwarded via four notes from the Ministry of External Affairs dated May 4, 11, 16, and 27, 2011.
What should we do if we find an existing account linked to a listed entity?
You must freeze the funds, financial assets, or economic resources in that account as per the procedure detailed in paragraph 6 of the RBI circular dated October 29, 2009.
Where can we access the full consolidated list?
The complete 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/2010-11/558
RPCD.CO.RCB.AML.No.14003/07.02.12/2010-11
June 7, 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.13016/07.02.12/2010-11 dated May 10, 2011 . We have since received from Government of India (Ministry of External Affairs) copies of following notes 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:
Note dated May 4, 2011 ( Annex I )
Note dated May 11, 2011 ( Annex II )
Note dated May 16, 2011 ( Annex III )
Note dated May 27, 2011 ( Annex IV )
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,
(Dinesh Kumar)
Assistant General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/558 · issued 07 Jun 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 the consolidated list of terrorist individuals/entities with the four new UN notes received from the Ministry of External Affairs.
Scan all existing accounts to identify any linked to listed individuals or entities.
Follow the freezing procedures detailed in paragraph 6 of the October 29, 2009 circular for any matches found.
Ensure the Compliance Officer acknowledges 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 State Co-operative Banks, All Central Co-operative Banks, Compliance Officers of co-operative banks, Principal Officers of co-operative banks), your first concrete step on “Update on UN Terror List for Co-operative Banks” is: “Update the consolidated list of terrorist individuals/entities with the four new UN notes received from the Ministry of External Affairs.” (RBI issued this 07 Jun 2011).
Circular: RBI/2010-11/558 -- Update on UN Terror List for Co-operative Banks
Issued: 07 Jun 2011
Action required: Update the consolidated list of terrorist individuals/entities with the four new UN notes received from the Ministry of External Affairs.
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 or entities.
Action required: Follow the freezing procedures detailed in paragraph 6 of the October 29, 2009 circular for any matches found.
Action required: Ensure the Compliance Officer acknowledges 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=6452&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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