UN Terror List Update: Urban Co-op Banks Must Screen Accounts
Current · Source: Reserve Bank of India · RBI/2011-2012/120 · issued 22 Jul 2011 · ~1 min read
Quick answerRBI directs urban co-operative banks to update the UN 1267/1822 consolidated list of terrorist individuals/entities, screen new and existing accounts against it, and 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
Update the UN 1267/1822 consolidated list of terrorist individuals/entities and screen new and existing accounts against it.
Scan all existing accounts to identify any matches with the list and report findings.
Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office.
How it plays out — a real example
As a compliance officer in a Mumbai-based urban co-operative bank, I ensure that our internal screening databases are updated with the new list of terrorist individuals and entities. I also screen all new account openings against the list before onboarding and scan our existing accounts to identify any matches. If we find any matches, we follow the freezing procedures to prevent any potential risks and maintain our reputation.
What changed
RBI has circulated an updated consolidated list of individuals and entities linked to Al-Qaida and Taliban, as per a July 19, 2011 note from the UN Security Council's 1267 Committee. This replaces the earlier list sent via circular dated July 7, 2011.
What it means for you
Urban co-operative banks must immediately update their internal screening databases with the new list. Failure to identify and freeze accounts of designated entities could lead to regulatory action and reputational risk. Banks must also ensure compliance with the UAPA Order of August 27, 2009 for freezing procedures.
What you must do
Update the consolidated list of terrorist individuals/entities from the UN website and your internal systems.
Screen all new account openings against the updated list before onboarding.
Scan all existing accounts to identify any matches with the list and report findings.
Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
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 Urban Co-operative Banks
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
Where can we find the latest consolidated list?
The complete list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What action is required if we find a match in existing accounts?
You must freeze the funds, financial assets, or economic resources of the designated individual/entity as per the procedure in paragraph 6 of the November 16, 2009 circular.
Do we need to report compliance to RBI?
Yes, the Compliance Officer/Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
RBI’s words: “Please refer to our circular UBD.CO. BPD (PCB).Cir.No.2/14.01.062/2011-12 dated July 22, 2011”
📜 Read the original circular — full text as issued by RBI
RBI/2011-2012/120
UBD.CO.BPD (PCB) Cir.No.2/14.01.062/2011-12
July 22, 2011
The Chief Executive Officer of
All Primary (Urban) Co-operative Banks
Madam/Dear Sir,
List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
Please refer to our circular UBD.CO. BPD (PCB).Cir.No.1/14.01.062/2011-12 dated July 07, 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. Urban Co-operative 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. Urban Co-operative 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 Urban Co-operative Bank should acknowledge receipt of this circular to our Regional Office concerned.
Yours faithfully,
(M. Nanda Kumar)
General Manager
Encls: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2011-2012/120 · issued 22 Jul 2011. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account openings against the updated list before onboarding.
💻 IT / Systems
Update the consolidated list of terrorist individuals/entities from the UN website and your internal systems.
📜 Compliance
Scan all existing accounts to identify any matches with the list and report findings.
Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
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 an IT/Systems lead at a bank this circular applies to (All Primary (Urban) Co-operative Banks, Compliance Officers / Principal Officers of Urban Co-operative Banks), your first concrete step on “UN Terror List Update: Urban Co-op Banks Must Screen Accounts” is: “Update the consolidated list of terrorist individuals/entities from the UN website and your internal systems.” (RBI issued this 22 Jul 2011).
Circular: RBI/2011-2012/120 -- UN Terror List Update: Urban Co-op Banks Must Screen Accounts
Issued: 22 Jul 2011
Action required: Update the consolidated list of terrorist individuals/entities from the UN website and your internal systems.
Action required: Screen all new account openings against the updated list before onboarding.
Action required: Scan all existing accounts to identify any matches with the list and report findings.
Action required: Follow the freezing procedures detailed in paragraph 6 of the November 16, 2009 circular for any matched accounts.
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=6624&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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