HomeCirculars › RBI/2010-11/575

UN Terror List Update for StCBs/DCCBs: Al-Qaida/Taliban

No longer current — replaced by updated Master Circular on AML/CFT standards for UCBs/State & Central Co-operative Banks
Source: Reserve Bank of India · RBI/2010-11/575 · issued 21 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 individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, 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.

What changed

RBI forwarded a June 15, 2011 UN 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals/entities. Banks must update this list and ensure compliance with earlier circulars on account screening and asset freezing.

What it means for you

Co-operative banks must immediately update their internal watch lists with the revised UN sanctions list. They are required to screen all new account applicants and review existing accounts to identify any matches, and if found, freeze assets as per the UAPA Order of August 27, 2009 and RBI's October 29, 2009 circular.

Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.

What banks were required to do at the time

Who it affects

State Co-operative Banks (StCBs), Central Co-operative Banks (DCCBs), Compliance Officers/Principal Officers of these banks

❓ Common questions

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

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 June 15, 2011. The full list is available on the UN website.

What action is required if an existing account matches the list?

Banks must freeze funds, financial assets, or economic resources held in such accounts, following the procedure in paragraph 6 of RBI's October 29, 2009 circular, as per the UAPA Order.

Do we need to report compliance to RBI?

Yes, the Compliance Officer or Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.

📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
Superseded by updated Master Circular on AML/CFT standards for UCBs/State & Central Co-operati
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/575 RPCD.CO.RCB.AML.No.14580/07.02.12/2010-11 June 21, 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.14447/07.02.12/2010-11 dated June 16, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated June 15, 2011 forwarded by the Chairman of UN Security Council's 1267 Committee ( copy enclosed ) 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, (B.M.Kori) Assistant General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/575 · issued 21 Jun 2011. The plain-English explanation above is BankPulse’s own independent summary.
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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6473&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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