HomeCirculars › RBI/2011-12/210

UN Terror List Updates: PSOs Must Screen New & Existing Customers

No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2011-12/210 · issued 03 Oct 2011 · ~2 min read
Quick answerRBI mandates all payment system operators to update their UNSCR 1267/1822 consolidated list with three new annexes from July/August 2011, screen all new customers against it, and scan existing accounts for matches.
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 circular DPSS.CO.AD.No. 604/02.27.005/2011-12 dated October 3, 2011, forwards three UN 1267 Committee notes (July 29, August 12, August 22, 2011) that update the consolidated list of Al-Qaida-linked individuals/entities. It replaces the previous list from the August 4, 2011 circular.

What it means for you

Payment system operators must immediately incorporate these new UN list updates into their customer screening processes. Failure to check both new and existing accounts against the updated list could lead to regulatory action. The circular also reinforces the freezing procedures under the UAPA Order of August 27, 2009, as detailed in RBI's September 17, 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

All payment system operators authorized under the PSS Act, 2007, Banks offering payment system services, Compliance and AML teams at PSOs, Nodal Officers and Principal Officers of PSOs

❓ 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 updates come from three notes from the Chairman of the UN Security Council's 1267 Committee, dated July 29, August 12, and August 22, 2011, forwarded by the Ministry of External Affairs.

Do we need to check only new customers?

No. You must screen both new customers before onboarding and all existing accounts to ensure none are held by or linked to listed individuals/entities.

What action is required if we find a match?

Follow the freezing of funds, financial assets, or economic resources as detailed in paragraph 6 of RBI's September 17, 2009 circular, which implements the UAPA Order of August 27, 2009.

📜 Read the original circular — full text as issued by RBI
RBI/2011-12/210 DPSS. CO.AD. No. 604 /02.27.005 /2011-12 October 3, 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. 208 /02.27.005/2011-12 dated August 4, 2011 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) copies of 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, as detailed below: Note dated July 29, 2011 ( Annex I ) Note dated August 12, 2011 ( Annex II ) Note dated August 22, 2011 ( Annex III ) 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 Sivaraman) General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2011-12/210 · issued 03 Oct 2011. The plain-English explanation above is BankPulse’s own independent summary.
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