International

India Gets First FATF Vice-Presidency

India will hold the Vice-Presidency of the Financial Action Task Force for the first time, with senior IAS officer Vivek Aggarwal appointed to the post for the July 2026-June 2027 term.

India FATF Vice-Presidency Marks First

Vivek Aggarwal, a 1994-batch Indian Administrative Service officer of the Madhya Pradesh cadre, has been elected and appointed Vice-President of the Financial Action Task Force.

Aggarwal is currently serving as Secretary to the Government of India in the Ministry of Culture. His appointment marks the first time an Indian official will hold the Vice-Presidency of FATF, the global body that sets standards to combat money laundering, terrorist financing and proliferation financing.

Vivek Aggarwal FATF Role From July 2026

Aggarwal’s term as FATF Vice-President will run from July 2026 to June 2027. The Vice-President is elected by the FATF Plenary from among its members and assists the President in steering the organisation’s work.

The appointment places India in a senior leadership role within the global anti-money laundering and counter-terror financing framework. It also comes after India’s continued participation in FATF discussions on emerging financial risks, including virtual assets and digital payments.

FATF Global Financial Crime Standards

The Financial Action Task Force is a Paris-based inter-governmental body that develops global standards to prevent money laundering, terrorist financing and the financing of weapons proliferation.

India’s elevation to the Vice-Presidency is expected to strengthen its role in global financial integrity discussions. The appointment also follows India’s recent engagement with the FATF mutual evaluation process and its broader efforts to support international cooperation against illicit finance.

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