UN Sanctions List Update for Payment System Operators
No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2010-11/577 · issued 22 Jun 2011 · ~1 min read
Quick answerRBI directs all PSOs to update their UN sanctions list with four new annexes from the 1267 Committee, screen new and existing customers against it, 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 issued a circular on June 22, 2011, updating the consolidated list of individuals and entities linked to Al-Qaida and Taliban based on four new notes from the UN Security Council's 1267 Committee. PSOs must now incorporate these changes into their screening processes.
What it means for you
Banks and payment operators must immediately update their sanctions screening databases with the latest UN list to avoid onboarding or servicing prohibited entities. Non-compliance could lead to regulatory action and reputational risk, as the circular mandates strict adherence to UAPA freezing orders.
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
Update your internal sanctions list with the four new annexes from the UN 1267 Committee.
Screen all new customers against the updated list before opening accounts or offering services.
Scan existing accounts to identify and freeze any linked to listed individuals or entities.
Ensure compliance with the UAPA Order of August 27, 2009, and RBI's September 17, 2009 circular on freezing procedures.
Have your Nodal Officer/Principal Officer acknowledge receipt of this circular.
Who it affects
All Payment System Operators (PSOs) authorized under the PSS Act, 2007 (including banks that are PSOs), Compliance and AML teams
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-19 01:07 IST
Status change: withdrawn03 Aug 2026, 04:00 IST
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 comes from four notes issued by the UN Security Council's 1267 Committee in May 2011, forwarded by the Ministry of External Affairs.
What action is required for existing accounts?
PSOs must scan all existing accounts to ensure none are held by or linked to any entity or individual on the updated list.
Where can I find 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/2010-11/577
DPSS. CO. AD. No. 2818 /02.27.005/2010-11
June 22, 2011
All Payment System Operators Authorised under the PSS Act, 2007
Dear Sir
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999)
and 1822(2008) on Taliban/Al-Qaida Organisation
Please refer to our circular DPSS.CO.AD.No. 2545 /02.27.005/2010-11 dated May 11, 2011 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) a copy each 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. All the payment system operators (PSOs) are required to update the consolidated list of individuals/entities as circulated by Reserve Bank and before opening any new account/registering or offering service to new customer, it should be ensured that the name/s of the proposed customer does not appear in the list. Further, PSOs 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. All the PSOs are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to the Reserve Bank 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. The said circular is available on our website www.rbi.org.in .
4. As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts, etc. 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. Nodal Officer/Principal Officer should acknowledge receipt of this circular letter.
Yours faithfully,
(K C Anand )
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/577 · issued 22 Jun 2011. The plain-English explanation above is BankPulse’s own independent summary.
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=6475&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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