New Delhi, June 30 -- India's senior bureaucrat and Culture Secretary Vivek Aggarwal has been selected as the next vice president of the Financial Action Task Force (FATF) for the term from July 2026 to June 2027. The official announcement was made by the FATF during its Plenary session held in Paris in June 2026.

This is the first time an Indian representative will hold this position. While it may appear to be just another bureaucratic appointment, it carries considerable significance for India as a nation-state. India has consistently maintained a firm stand against terror financing and money laundering and has actively cooperated with the FATF to secure both global and domestic financial systems. Since becoming a full member in 2010, ...