Home › Circulars › RBI/2013-14/432

PSOs Must Update UN Sanctions Lists for UAPA Compliance

No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2013-14/432 · issued 07 Jan 2014 · ~1 min read
Quick answerRBI mandates all Payment System Operators to update UNSCR 1267 sanctions lists, screen new and existing accounts against them, and freeze assets of designated individuals/entities under UAPA, 1967.
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.1502/02.27.005/2013-14 (Jan 7, 2014) updates earlier guidance with new UN sanctions list amendments from Q3 2013. PSOs must now incorporate these updates into their account screening and freezing procedures.

What it means for you

Banks and payment operators must immediately update their internal sanctions databases with the latest UN list amendments. Failure to screen new accounts or review existing ones against these lists could lead to regulatory action. The circular reinforces strict compliance with UAPA orders, including freezing of funds and assets linked to listed entities.

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 PSS Act, 2007, Banks offering payment services, Compliance and AML teams at financial institutions

❓ 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 sanctions list?

The list comes from UN Security Council Resolution 1267/1989 Al Qaida Sanctions Committee, with amendments from Q3 2013 forwarded by the Government of India.

What actions are required for existing accounts?

PSOs must scan all existing accounts to ensure none are held by or linked to listed individuals/entities, and freeze any such accounts as per paragraph 6 of the September 17, 2009 circular.

Where can I find the full list and de-listing information?

The complete list is on the UN website at http://www.un.org/sc/committees/1267/pressreleases.shtml, and de-listing details at http://www.un.org/sc/committees/1267/delisting.shtml.

📜 Read the original circular — full text as issued by RBI
RBI/2013-14/432 DPSS. CO. AD. No. 1502/02.27.005/2013-14 January 7, 2014 CEOs of all the Payment System Operators Authorised under the PSS Act, 2007 Dear Sir Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989(2011) Committee's Al Qaida Sanctions List and Consolidated List Please refer to our circular DPSS. CO. AD. No.628/02.27.005/2013-14 dated September 13, 2013 . We have since received from Government of India, Ministry of External Affairs, UNP Division, copy of update notes dated August 19, 2013, August 26, 2013, September 4, 2013, September 11, 2013, October 30, 2013 and a PDF containing a hard copy of the compilation of all amendments made to the List in the third quarter of 2013, forwarded by the Chairman of UN Security Council's 1267/1989. ( copy enclosed ). The copy of the update is available on UN website at the following URLs: http://www.un.org/News/Press/docs//2013/sc11099.doc.htm http://www.un.org/News/Press/docs/2013/sc11089.doc.html http://www.un.org/News/Press/docs//2013/sc11109.doc.htm and http://www.un.org/News/Pres s/docs//2013/sc11117.doc.htm 2. All the Payment System Operators (PSOs) 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, 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 to 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 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 list are available on the UN website: http://www.un.org/sc/committees/1267/pressreleases.shtml 6. The names of individuals and entities removed from the List pursuant to a decision by the 1267 Committee and other information about de-listing may be found on the Committee's website at: http://www.un.org/sc/committees/1267/delisting.shtml 7. Nodal Officer/Principal Officer may please acknowledge receipt of this circular. Yours faithfully (K C Anand) General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2013-14/432 · issued 07 Jan 2014. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Topics: Digital Payments / UPI
Most relevant forCompliance TeamKYC / AML AnalystIT & Cyber SecuritySenior Management / BoardBusiness Head / Vertical HeadInternal Audit
🛠 Banker’s toolkit — checklists & reply templates →
Key dataSee the live numbers behind this topic: RBI Penalty Tracker, Credit & Deposit Growth — updated from official RBI data.
Key termsPlain-English definitions of terms in this circular — see the full Indian banking glossary. UPI · KYC / AML · Deposit insurance (DICGC) · NEFT / RTGS
Related circulars · Payment & Settlement Systems
RBI mandates settlement accounts for payment intermediariesRBI Revises Cheque Collection Charges from April 2011NECS Expansion: Banks Must Onboard All NEFT BranchesMandatory electronic payments for large-value transactionsStandardised RTGS Return Process and Customer Alerts
Browse all departments →

💬 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.

Loading comments…
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=8676&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.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
—