India has never held a leadership post at the world’s top anti-money-laundering watchdog. That changed on 1 July 2026.
Key Facts
- Vivek Aggarwal, an Indian Administrative Service officer, was elected Vice-President of the FATF (Financial Action Task Force).
- His term runs from July 2026 to June 2027.
- He replaced outgoing Vice-President Giles Thomson.
- This is the first time an Indian has held this post, since India joined the FATF as a full member in 2010.
- Aggarwal currently serves as Secretary, Ministry of Culture, Government of India. He previously headed India’s Financial Intelligence Unit (FIU-IND).
Why It Matters
The FATF is the global standard-setting body for fighting money laundering and terror financing, headquartered in Paris. A Vice-President seat gives India a stronger voice in shaping these global rules — not just following them.
Test Yourself
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