July 2, 2022
1 min read

Indian-origin Raja Kumar takes over FATF presidency

Raja Kumar, President of the Financial Action Task Force (FATF) started his work as the chief of the world’s anti-money laundering and anti-terrorism financing agency on Friday.

Indian origin Raja Kumar will focus on enhancing the effectiveness of global anti-money laundering & counter-terrorist financing measures, improving asset recovery and other initiatives, as per the agency.

“Raja Kumar starts as FATF President today. He will focus on enhancing the effectiveness of global anti-money laundering & counter-terrorist financing measures, improving asset recovery and other initiatives,” FATF tweeted on Friday.

FATF is a global watchdog tasked with combatting money laundering and terrorist financing.

Raja Kumar has rich leadership and operational experience, having held a wide range of senior leadership roles in the Ministry of Home Affairs in Singapore and the Singapore Police Force for over 35 years.

He currently serves as the Senior Advisor (International) in the Ministry of Home Affairs, advising on international policy development, partnerships and engagement.

Marcus Pleyer during the last day of the German Presidency of the FATF.

Prior to this, he was Deputy Secretary (International) at the Ministry from January 2015 to July 2021 and was concurrently the Chief Executive of the Home Team Academy between 2014 to 2018.

As Deputy Secretary (International), Raja Kumar forged stronger collaborative relationships with key counterparts in the safety and security arena, including with strategic partners such as INTERPOL and the UN. (ANI)

ALSO READ: Pakistan may get off FATF grey list after onsite check

Previous Story

Chinese firms accused of aiding Russia’s war in Ukraine

Next Story

Ukraine needs ‘hard work, determination’ to join EU: Von der Leyen

Latest from -Top News

India bids emotional farewell to Manmohan Singh

The nation bid an emotional farewell to the stalwart Congress leader who was fondly known as the ‘Architect of India’s economic reforms’. Former Prime Minister Dr. Manmohan Singh was laid to rest

Biden pays tribute to India’s ex-PM Manmohan Singh

Presiden Biden emphasised that “the unprecedented level of cooperation between the United States and India today would not have been possible without the Prime Minister’s strategic vision and political courage.” US President

OpenAI’s o3 reasoning model ignites AI hype

Social media influencers have kicked off a fierce debate over OpenAI’s new o3 reasoning model, with some of them raising concerns about its high cost and the potential for overhyping its artificial
Go toTop

Don't Miss

Pak quietly jailed Mumbai attacks handler a week before FATF meet

Pakistani authorities, had in the past claimed Sajid Majeed Mir

Pakistan likely to remain on grey list as FATF session begins

In the previous session in June this year, Pakistan was