RBI/2010-11/461
UBD.CO.BPD (PCB) Cir.No. 43/14.01.062/2010-11

March 31, 2011

The Chief Executive Officer of
All Primary (Urban) Co-operative Banks

Dear Sir,

List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation – Primary (Urban) Co-operative Banks

Please refer to our circular UBD.CO. BPD (PCB).Cir.No.31/14.01.062/2010-11 dated December 28, 2010. We enclose, as detailed below, copies of notification (received from Government of India – Ministry of External Affairs) of the Chairman of UN Security Council’s 1267 Committee regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban:

1. Note dated January 19, 2011
2. Note dated January 24, 2011
3. Note dated February 09, 2011
4. Note dated March 10, 2011

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 Orders 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)
Deputy General Manager

Encls: As above