Vivek Aggarwal named FATF vice-president

India's Vivek Aggarwal Becomes First Indian Elected as FATF Vice-President

NDTVVivek Aggarwal, an Indian government official, has been elected vice-president of the Financial Action Task Force, making him the first Indian national to hold the position in the global money-laundering and terror-finance watchdog's history. Indian media characterized the appointment as a major diplomatic win for New Delhi at a moment when India is seeking greater influence in international financial governance. FATF sets the global standards that determine whether countries can access international banking systems, making the vice-presidential seat an important perch for shaping policy on terror financing and sanctions enforcement. The election was reported by Times of India, The Hindu, and NDTV, with each outlet highlighting the historic nature of the appointment for India. The FATF vice-president typically succeeds to the presidency in the following term.

India's Vivek Aggarwal Becomes First Indian Elected as FATF Vice-President · Noozday