The Economic Times

India to hold vice-presidency of global financial crime watchdog FATF for first time

India is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to the role from July 2026 to June 2027. This significant elevation reflects India's robust anti-money laundering framework and its contributions to global financial security. Aggarwal will support the FATF president in advancing the organization's mission to combat illicit financial activities worldwide.