Current · Source: Reserve Bank of India · RBI/2012-13/472 · issued 04 Apr 2013 · ~1 min read
Quick answerRBI directs Primary Urban Co-operative Banks to update their UNSCR 1267/1989 sanctions list with new entries from November-December 2012, screen new and existing accounts, and follow 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
Add the new names from the government notes to the bank’s sanctions list (list of people and companies you cannot do business with).
Before opening any new account, check that the applicant’s name is not on that sanctions list.
Run a check on all existing accounts to see if any match the new names and, if they do, freeze the money (stop it from being moved) as required.
Follow the freezing steps that were explained in the RBI circular of 16 Nov 2009.
Tell your regional office that you have received and acted on this circular.
How it plays out — a real example
Rohit Patel, a compliance officer at the Primary Urban Co‑operative Bank in Pune, receives the RBI notice, updates the internal sanctions list with the latest UN Al‑Qaida entries, screens a new loan applicant named Ahmed Khan and confirms his name is clear, then runs a scan of all current accounts, finds a match with a newly added name, promptly freezes that account following the November 2009 procedure, and emails the regional office to confirm receipt of the circular.
What changed
RBI forwarded updates to the Al-Qaida Sanctions List received from the UN Security Council's 1267/1989 Committee via Government of India notes dated November 15, 23, 26, 27, and December 5, 2012. UCBs must incorporate these changes into their customer screening process.
What it means for you
UCBs must immediately update their internal sanctions lists to include the newly designated individuals and entities. Failure to screen accounts against the updated list could lead to regulatory action. The circular reinforces the existing UAPA compliance framework, including freezing of assets for matched accounts.
What you must do
Update your sanctions list with the latest UNSCR 1267/1989 entries from the enclosed Government notes.
Screen all new account applications against the updated list before opening.
Scan all existing accounts to identify any matches with the updated list.
Follow the freezing procedures outlined in paragraph 7 of the November 16, 2009 circular for any matches.
Acknowledge receipt of this circular to your Regional Office via the Compliance Officer.
Who it affects
Primary (Urban) Co-operative Banks, Compliance Officers, Principal Officers
❓ Common questions
Where can I find the complete updated sanctions list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/aq_sanctions_list.shtml.
What should we do if we find an existing account linked to a listed entity?
Follow the freezing of funds and assets procedure detailed in paragraph 7 of RBI circular UBD.CO.BPD.PCB.Cir.No.21/12.05.001/2009-10 dated November 16, 2009.
Is this a one-time update or ongoing?
This is an update to the list; banks must continuously monitor and apply all future updates as communicated by RBI.
📜 Read the original circular — full text as issued by RBI
RBI/2012-13/472
UBD.BPD (PCB) Cir. No. 47/14.01.062/2012-13
April 4, 2013
The Chief Executive Officer of
All Primary (Urban) Co-operative Banks
Madam/Dear Sir,
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999) /1989 (2011) Sanctions List – Primary (Urban) Co-operative Banks
Please refer to our circular UBD.BPD (PCB) Cir. No. 21/14.01.062/2012-13 dated November 1, 2012 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Division, copies of notes dated November 15, 2012 , November 23 , 26 , 27 and December 5, 2012 (copies enclosed) forwarded by the Chairman of UN Security Council's 1267/1989 Committee regarding changes made in the ‘Al-Qaida Sanctions List’, i.e. list of individuals and entities linked to Al-Qaida.
2. Primary (Urban) Co-operative Banks (UCBs) are required to update the 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. UCBs 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 7 of the circular dated November 16, 2009, mentioned above.
5. The complete details of the said list are available on the UN website:
http://www.un.org/sc/committees/1267/aq_sanctions_list.shtml
6. Compliance Officer/Principal Officer should acknowledge receipt of this circular to the Regional Office concerned.
Yours faithfully,
(Scenta Joy)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2012-13/472 · issued 04 Apr 2013. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before opening.
📜 Compliance
Update your sanctions list with the latest UNSCR 1267/1989 entries from the enclosed Government notes.
Scan all existing accounts to identify any matches with the updated list.
Follow the freezing procedures outlined in paragraph 7 of the November 16, 2009 circular for any matches.
Acknowledge receipt of this circular to your Regional Office via the Compliance Officer.
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 (Primary (Urban) Co-operative Banks, Compliance Officers, Principal Officers), your first concrete step on “UAPA Sanctions List Updates for Urban Co-op Banks” is: “Update your sanctions list with the latest UNSCR 1267/1989 entries from the enclosed Government notes.” (RBI issued this 04 Apr 2013).
Circular: RBI/2012-13/472 -- UAPA Sanctions List Updates for Urban Co-op Banks
Issued: 04 Apr 2013
Action required: Update your sanctions list with the latest UNSCR 1267/1989 entries from the enclosed Government notes.
Action required: Screen all new account applications against the updated list before opening.
Action required: Scan all existing accounts to identify any matches with the updated list.
Action required: Follow the freezing procedures outlined in paragraph 7 of the November 16, 2009 circular for any matches.
Action required: Acknowledge receipt of this circular to your Regional Office via the Compliance Officer.
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=7929&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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