Giles Thomson of the United Kingdom has been appointed as the President of the Financial Action Task Force (FATF) for a 2-year term starting in July 2026. He succeeds Elisa de Anda Madrazo of Mexico.
Giles Thomson of the United Kingdom has been appointed as the President of the Financial Action Task Force (FATF) for a 2-year term starting in July 2026. He succeeds Elisa de Anda Madrazo of Mexico.
The Alliance of Reporting Entities in Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) (ARIFAC) has been launched as a national industry platform. It aims to strengthen the AML and CFT framework of India by establishing a unified defense against financial crimes.
This private-sector initiative operates under the guidance of the Financial Intelligence Unit–India (FIU-IND), which acts as an official observer. The day-to-day operations of the platform are managed by the Payments Council of India (PCI) and the Fintech Convergence Council (FCC).