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Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs)/State and Central Co-operative Banks

RBI/2014-15/550
DCBR.BPD (PCB/RCB) Cir. No. 27/14.01.062/2014-15

April 10, 2015

The Chief Executive Officer
All Primary (Urban) Co-operative Banks /
State and Central Co-operative Banks (StCBs / CCBs)

Madam / Dear Sir,

Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs)/State and Central Co-operative Banks

Please refer to our circular DCBR.BPD.(PCB/RCB).Cir.No.23/14.01.062/2014-15 dated March 31, 2015 on the captioned subject releasing 5th update dated March 13, 2015 regarding UNSCR 1267(1999)/1989(2011) Committee's Al Qaida Sanctions List.

2.Ministry of External Affairs (MEA), UNP Division has forwarded the 8th update dated March 23, 2015 and 10th update dated and March 31, 2015 regarding addition and deletion of one entry each respectively from the sanction list (copy enclosed). Press release pertaining to 8th update of March 23, 2015 is available at :

http://www.un.org/press/en/2015/sc11829.doc.htm and that pertaining to 10th update of March 31, 2015 is available at
http://www.un.org/press/en/2015/sc11847.doc.htm.

A link to updated list of individuals and entities linked to Al Qaida is available at :
http://www.un.org/sc/committees/1267/1267.pdf

3. Primary (Urban) Cooperative Banks /State Cooperative Banks/Central Co-operative Banks are required to update the list of individuals/entities as circulated by Reserve Bank of India and before opening any new account, it should be ensured that the name 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.

4. Banks are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circulars UBD.CO.BPD. PCB. Cir. No. 21/12.05.001/2009-10 dated November 16, 2009 and RPCD.CO.RF.AML.BC.No.34/07.40.00/2009-10 dated October 29, 2009 and ensure meticulous compliance to the Order issued by the Government.

5. 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 is concerned, action should be taken as detailed in paragraph 7 of the circular dated November 16, 2009 in respect of UCBs and paragraph 4 of the circular dated October 29, 2009 in respect of StCBs and CCBs.

6. A link of press releases in which the relevant changes to the list are announced are posted on the Committee's website at the following URL:
http://www.un.org/sc/committees/1267/pressreleases.shtml

Yours faithfully,

(Scenta Joy)
General Manager


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