IAS officer Vivek Aggarwal appointed FATF Vice-President for 2026-27 term

Shri Vivek Aggarwal, a 1994-batch Indian Administrative Service officer from the Madhya Pradesh cadre and currently Secretary in the Ministry of Culture, has been elected and appointed Vice-President of the Financial Action Task Force (FATF) for the term July 2026 to June 2027, the Ministry of Finance announced. This marks the first time India will hold the Vice-Presidency of the FATF.

The Vice-President is elected by the FATF Plenary from among its member jurisdictions and assists the President in steering the organisation’s work. The FATF is the Paris-based inter-governmental body that sets global standards to prevent money laundering, terrorist financing and the financing of proliferation, with its Presidency running on a two-year term.

The ministry said India’s elevation reflects the credibility and trust it has earned within the FATF Global Network, which spans more than 200 jurisdictions, building on India’s strong showing in its most recent Mutual Evaluation and its role in shaping global policy on risks tied to virtual asset service providers and digital payments.

Aggarwal said the appointment was “a recognition of India’s collective effort and of the strength of our anti-money-laundering and counter-terrorist-financing framework,” and said he was looking forward to working with the FATF Global Network to keep the international financial system safe, inclusive and resilient.

Revenue Secretary Shri Arvind Shrivatsava described the appointment as a proud milestone, reaffirming India’s continued commitment to strengthening the integrity of the international financial system.