Current · Source: Reserve Bank of India · RBI/2011-12/104 · issued 04 Jul 2011 · ~2 min read
Quick answerRBI directs state and central co-operative banks to update the UNSC 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, and comply with 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.
The rule, in the simplest words
Update your bank's list of bad people (terrorists linked to Al-Qaida and Taliban) using the new list from the UN (United Nations) and RBI (Reserve Bank of India).
Before opening any new account, check the customer's name against this list to make sure they are not on it.
Check all existing accounts to see if any are owned by or linked to people or groups on the list.
If you find a match, freeze the account and follow the rules from the UAPA (Unlawful Activities Prevention Act) order of August 27, 2009.
Your Compliance Officer or Principal Officer must send a note to the RBI regional office saying they got this circular.
How it plays out — a real example
Priya, a compliance officer at a central co-operative bank in Nagpur, receives this RBI circular. She immediately updates the bank's system with the new UNSC 1267 list, then runs a check on all 5,000 existing accounts. She finds one account belonging to a name that matches the list, so she freezes it and follows the UAPA freezing steps from the 2009 order, keeping her bank safe and compliant.
What changed
RBI issued a circular on July 4, 2011, forwarding a June 23, 2011 UN Security Council 1267 Committee note with changes to the consolidated list of individuals/entities linked to Al-Qaida and Taliban. Banks must update their records with this revised list and ensure no accounts are held by or linked to listed entities.
What it means for you
Co-operative banks must immediately update their internal databases with the latest UNSC 1267 consolidated list and screen all new and existing accounts. Non-compliance with UAPA orders and freezing procedures could lead to regulatory action and reputational risk.
What you must do
Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes circulated by RBI.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and report any links to listed individuals/entities.
Follow the freezing procedures outlined in the UAPA Order of August 27, 2009, as per RBI circular of October 29, 2009.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Who it affects
State Co-operative Banks, Central Co-operative Banks, Compliance Officers, Principal Officers
❓ Common questions
What is the UNSC 1267 consolidated list?
It is a list maintained by the UN Security Council's 1267 Committee of individuals and entities associated with Al-Qaida and Taliban, which RBI requires banks to use for screening accounts.
What action is required for existing accounts?
Banks must scan all existing accounts to ensure no account is held by or linked to any entity or individual on the updated list, and take freezing action as per UAPA orders.
Who should acknowledge receipt of this circular?
The Compliance Officer or Principal Officer of the bank must acknowledge receipt to the concerned RBI Regional Office.
📜 Read the original circular — full text as issued by RBI
RBI/2011-12/104
RPCD.CO.RCB.AML.No.53 /07.02.12/2011-12
July 4, 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.15024/07.02.12/2010-11 dated June 29, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated June 23, 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/2011-12/104 · issued 04 Jul 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 as per the UNSC 1267 Committee changes circulated by RBI.
Scan all existing accounts to identify and report any links to listed individuals/entities.
Follow the freezing procedures outlined in the UAPA Order of August 27, 2009, as per RBI circular of October 29, 2009.
Ensure Compliance Officer/Principal 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 (State Co-operative Banks, Central Co-operative Banks, Compliance Officers, Principal Officers), your first concrete step on “Update UNSC 1267 Terrorist List for Co-op Banks” is: “Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes circulated by RBI.” (RBI issued this 04 Jul 2011).
Circular: RBI/2011-12/104 -- Update UNSC 1267 Terrorist List for Co-op Banks
Issued: 04 Jul 2011
Action required: Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes circulated by RBI.
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 links to listed individuals/entities.
Action required: Follow the freezing procedures outlined in the UAPA Order of August 27, 2009, as per RBI circular of October 29, 2009.
Action required: Ensure Compliance Officer/Principal 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=6597&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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