India has been appointed as the vice president of the Financial Action Task Force (FATF) for the first time, with Union Culture Secretary Vivek Aggarwal taking the role.
The FATF is a global body that sets standards for combating money laundering and terrorist financing, and India has been a member since 2010.
Aggarwal was elected as the incoming Vice-President of the FATF, succeeding UK national Giles Thomson, and will serve from July 2026 to June 2027.
As vice president, Aggarwal will assist the president in steering the organisation's work and help keep the international financial system safe, inclusive and resilient.
India's appointment as FATF vice president is seen as a major win for the country, reflecting its growing leadership in the global fight against money laundering and terrorist financing.
