Vivek Aggarwal elected Vice President of FATF

A historic achievement for India at the international level

(FATF stands for the Financial Action Task Force)

Paris (France) – India has achieved a major success on the international stage. Senior Indian Administrative Service (IAS) officer Vivek Aggarwal has been elected Vice President of the Financial Action Task Force (FATF), a global organisation. This is the first time that an Indian official has secured such a senior position in this influential international body. The decision was taken at the FATF meeting held in Paris. Aggarwal is a 1994-batch IAS officer of the Madhya Pradesh cadre and is currently serving as Secretary in the Ministry of Culture, Government of India.

1. His tenure as Vice President of FATF will run from July 2026 to June 2027. Aggarwal possesses extensive experience in financial matters and international regulations.

2. He previously served as Additional Secretary in the Department of Revenue under the Ministry of Finance and has also represented India at FATF.

3. Speaking on his appointment, Aggarwal said that it is a recognition of India’s strong policies against money laundering and the financing of terrorism.

4. He expressed confidence that he would work towards making the global financial system more secure and transparent.

5. In recent years, India’s strong performance in financial security and digital payment systems has further strengthened global confidence in the country.

Editorial Perspective

It would not be surprising if this appointment causes concern in Pakistan. However, it is expected that under Aggarwal’s leadership, FATF will take firm decisions to curb Pakistan’s financial support mechanisms that are linked to terrorism.