India’s senior bureaucrat Vivek Aggarwal has been appointed as the Vice-President of the Financial Action Task Force (FATF) for the 2026–27 term. Currently serving as Secretary, Ministry of Culture, he previously headed India’s FATF delegation and served as Director of FIU-IND. He will succeed Giles Thomson (UK).
The appointment was made during the FATF Plenary held from 17–19 June 2026 and has been described by the Ministry of External Affairs as a significant achievement for India. The government stated that his selection reflects India’s strong commitment to combating money laundering, terrorist financing, and illicit financial networks.
During the plenary meeting, FATF members reviewed global efforts against financial crimes. Bosnia and Herzegovina and Iraq were placed under increased monitoring, while Algeria and Namibia were removed from the FATF grey list after completing required reforms.
The plenary also appointed Giles Thomson (UK) as the next FATF President, succeeding Elisa de Anda Madrazo of Mexico.
Financial Action Task Force
The Financial Action Task Force is the global standard-setting body for combating money laundering, terrorist financing and proliferation financing. India has been a member of the FATF since 2010.
