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Recent Current Affairs related to FATF

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22 June 2026 INTERNATIONAL

India has secured the Vice-Presidency of the Financial Action Task Force (FATF) for the first time since becoming a full member in 2010. Vivek Aggarwal has been elected as the Vice President for a one-year tenure commencing in July 2026, succeeding Giles Thomson.

It is to be noted that the FATF is a 40-member intergovernmental body that establishes global standards to combat money laundering, terrorist financing, and the proliferation of weapons of mass destruction.

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