HomeCirculars › RBI/2011-12/114

UN 1267 Sanctions List Update: Al-Qaida/Taliban

Current · Source: Reserve Bank of India · RBI/2011-12/114 · issued 20 Jul 2011 · ~2 min read
Quick answerRBI mandates banks to update the UN 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban. Before opening new accounts, verify names against the list; also scan existing accounts for matches. Follow UAPA Order procedures for freezing assets.
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
How it plays out — a real example

A KYC & compliance officer in Indore receives the updated UN 1267 list from RBI. She first screens every new customer applying for a gold loan against the list, and then runs a one-time scan of all existing loan accounts. She finds one account matching a listed entity, immediately freezes the funds, and reports it to the Compliance Officer as per the September 2009 circular.

What changed

The Government of India forwarded a July 19, 2011 note from the UN Security Council's 1267 Committee with changes to the consolidated list of individuals and entities linked to Al-Qaida and Taliban. Banks must update their records with this revised list and ensure compliance with earlier RBI circulars on the UAPA Order.

What it means for you

Banks must immediately incorporate the updated UN sanctions list into their customer screening processes. Failure to identify and freeze accounts of designated entities could lead to regulatory action. This reinforces the need for robust AML/KYC systems to prevent financing of terrorism.

What you must do

Who it affects

All Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions

❓ Common questions

What is the source of the updated list?

The list is the UN Security Council's 1267 Committee consolidated list of individuals and entities linked to Al-Qaida and Taliban, as forwarded by the Ministry of External Affairs via a note dated July 19, 2011.

What action is required for existing accounts that match the list?

Banks must freeze the funds, financial assets, or economic resources of such accounts, following the procedure detailed in paragraph 6 of the September 17, 2009 circular on the UAPA Order.

Where can the full consolidated list be accessed?

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/2011-12/114 DBOD. AML. No.1106 /14.06.001/2011-12 July 20, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 20059 /14.06.001/2010-11 dated June 24, 2011 .  We have since received from Government of India (Ministry of External Affairs) copy of note dated July 19, 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/All India Financial Institutions 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 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. 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 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. Compliance Officer/Principal Officer should acknowledge receipt of this circular letter. Yours faithfully, (Thomas Mathew) General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2011-12/114 · issued 20 Jul 2011. The plain-English explanation above is BankPulse’s own independent summary.
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Who does what — compliance checklist
🏦 Branch Manager
  • Screen all new account applications against the updated list before account opening.
📜 Compliance
  • Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
  • Conduct a one-time scan of all existing accounts to identify any matches with the list.
  • Freeze funds, financial assets, or economic resources of any matched accounts as per paragraph 6 of the September 17, 2009 circular.
  • Ensure the Compliance Officer/Principal Officer acknowledges receipt of this circular.
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 Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions), your first concrete step on “UN 1267 Sanctions List Update: Al-Qaida/Taliban” is: “Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.” (RBI issued this 20 Jul 2011).

  1. Circular: RBI/2011-12/114 -- UN 1267 Sanctions List Update: Al-Qaida/Taliban
  2. Issued: 20 Jul 2011
  3. Action required: Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
  4. Action required: Screen all new account applications against the updated list before account opening.
  5. Action required: Conduct a one-time scan of all existing accounts to identify any matches with the list.
  6. Action required: Freeze funds, financial assets, or economic resources of any matched accounts as per paragraph 6 of the September 17, 2009 circular.
  7. Action required: Ensure the Compliance Officer/Principal Officer acknowledges receipt of this circular.
  8. Owner: ____________ Target date: ____________
  9. Board/committee approval needed? Y / N
  10. 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

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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6618&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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