Giles Thomson Assumes Presidency of Financial Action Task Force
Thomson succeeds Elisa de Anda Madrazo of Mexico, whose presidential tenure concluded on June 30, 2026.
The primary focus of his term will be to strengthen global measures against money laundering, terrorist financing, and the financing of weapons of mass destruction.
From an exam perspective, this transition highlights leadership changes in key international watchdog organizations that shape global financial regulation and security compliance.
Key Facts / Static GK
The headquarters of FATF is located in Paris, France.
FATF currently has 40 member jurisdictions.
Vivek Aggarwal of India serves as the Vice-President of FATF.
Practice Quiz — 11 July 2026
Q1. What long-term and short-term ratings were assigned to Federal Bank in its inaugural credit rating by S&P Global?
Q2. According to the IMF's latest World Economic Outlook Update, what is the revised GDP growth forecast for India for FY27, and what was the main reason cited for the cut?
Q3. What are India's revised FY27 GDP growth and inflation forecasts respectively, as per the ADB India Economic Outlook released in July 2026?
Q4. Who launched the newly established Letter of Authorisation (LoA) Regime aimed at regulating sustainable deep-sea fishing in India?
Q5. Which Indonesian civilian honour was recently conferred on Prime Minister Narendra Modi by President Prabowo Subianto?
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