Major setback for terror financiers? Indian official Vivek Aggarwal elevated to FATF leadership

India has, for the first time, been appointed Vice President of the Financial Action Task Force (FATF), marking a significant milestone in the country's global fight against money laundering and terrorist financing. At the FATF plenary in Paris, Vivek Aggarwal, a 1994-batch IAS officer of the Madhya Pradesh cadre, was named the incoming Vice President. He will succeed the UK's Giles Thomson and bring extensive experience, having previously led India's FATF delegation and served as Director of the Financial Intelligence Unit (FIU).