Current · Source: Reserve Bank of India · RBI/2010-2011/105 · issued 02 Jul 2010 · ~1 min read
Quick answerRBI directs all Primary Urban Co-operative Banks to update their records with the latest UN 1267 Committee consolidated list of individuals/entities linked to Al-Qaida and Taliban, and ensure no new or existing accounts are linked to them.
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 the list of individuals/entities linked to Al-Qaida and Taliban from the UN website.
Check new account applicants against the updated list before opening accounts.
Review existing accounts for any matches with the list and report them.
Follow the freezing procedures outlined in the UAPA Order dated August 27, 2009.
How it plays out — a real example
As a co-operative bank branch officer in Indore, I must ensure that our bank's records are updated with the latest UN list. When a new customer applies for a loan, I will check their name against the list to prevent any potential risks. If an existing customer's account matches the list, I will report it to our compliance officer and follow the freezing procedures as per the UAPA Order.
What changed
RBI forwarded a June 25, 2010 UN 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals/entities. UCBs must update their internal lists accordingly and comply with the UAPA Order of August 27, 2009, as previously advised.
What it means for you
UCBs must immediately update their customer screening databases with the revised UN sanctions list. They are required to check all new account applicants against this list and review existing accounts for any matches. Non-compliance could lead to regulatory action and reputational risk.
What you must do
Update the consolidated list of designated individuals/entities using the UN website link provided.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures outlined in 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, Branch managers handling account opening and monitoring
❓ Common questions
Where can we find the complete consolidated list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What action is required for existing accounts that match the list?
Banks must follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular, which includes freezing funds, financial assets, or economic resources.
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.
📜 Read the original circular — full text as issued by RBI
RBI/2010-2011/105
UBD. BPD. (PCB).Cir. No.1/14.01.062/2010-11
July 2, 2010
The Chief Executive Officers of
All Primary (Urban) Co-operative Banks
Dear Sir / Madam,
List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation - UCBs
Please refer to our circular UBD (PCB) CO.BPD. Cir. No. 72 / 14.01.062 / 2009-10 dated June 18, 2010 on the above subject. We have since received from Government of India (Ministry of External Affairs), copy of note dated June 25, 2010 ( copy enclosed ) from 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 Cooperative 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 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 bank should acknowledge receipt of this circular to our Regional Office concerned .
Yours faithfully
(M. Nanda Kumar)
Deputy General Manager
Encl: As above.
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-2011/105 · issued 02 Jul 2010. 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 designated individuals/entities using the UN website link provided.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures outlined in 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, Branch managers handling account opening and monitoring), your first concrete step on “UN Terror List Update for UCBs: July 2010” is: “Update the consolidated list of designated individuals/entities using the UN website link provided.” (RBI issued this 02 Jul 2010).
Circular: RBI/2010-2011/105 -- UN Terror List Update for UCBs: July 2010
Issued: 02 Jul 2010
Action required: Update the consolidated list of designated individuals/entities using the UN website link provided.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify and report any matches with the list.
Action required: Follow the freezing procedures outlined in 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=5857&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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