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Mains issueGS-2News & Analysis20 June 2026

Vivek Aggarwal appointed Financial Action Task Force vice-president

Source: thehindu.comOriginal report

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Why now

01

Vivek Aggarwal, currently Secretary in the Culture Ministry, has been appointed as the Vice-President of the Financial Action Task Force (FATF) for the 2026-2027 term. This appointment is considered a significant development for India's role in global financial governance and its efforts in anti-money laundering, counter-terrorist financing, and combating illicit financial flows.

Core issue

02

Vivek Aggarwal, currently Secretary in the Culture Ministry, has been appointed as the Vice-President of the Financial Action Task Force (FATF) for the 2026-2027 term. This appointment is considered a significant development for India's role in global financial governance and its efforts in anti-money laundering, counter-terrorist financing, and combating illicit financial flows.

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