GS Paper IIPIB · Current Affairs
India to assume Vice-Presidency of the Financial Action Task Force for the first time
India's First Vice-Presidency in the FATF Marks a Historic Milestone
SP
Samachar Pathshala Desk
Published 19 Jun 2026 · 1 min
In a landmark recognition of India’s growing leadership in the global fight against money laundering and terrorist financing, Shri Vivek Aggarwal has been appointed the Vice-President of the Financial Action Task Force (FATF). This marks the first time India occupies such a senior position.
The FATF is an inter-governmental body based in Paris that establishes international standards to combat money laundering and terrorist financing. The organization comprises over 200 member jurisdictions.
The UPSC angle
GS Paper IIGS Paper III
Significance of India's Role in the FATF
India's appointment as Vice-President of the FATF enhances its role in global financial governance and showcases its capabilities in addressing financial security issues.
