Outcomes FATF Plenary, 22-24 February 2023 - Financial Action The Hindu added that, 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. Kumar had been assisting the Ministry of Home Affairs, Singapore and the Singapore Police Force for over 35 years. He was responsible for leading the development of the countrys updated regulatory structure for casinos and was a regular feature in the Association of Gaming Regulators. Mr T. Raja Kumar, President, FATF. In less than four months, the former head of Singapores Casino Regulatory Authority will take control of the global financial watchdog. Find out about volunteering with the Home Team Volunteer Network (HTVN). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed. Singapores T Raja Kumar has been appointed as the president of the Financial Action Task Force (FATF), the global money laundering and He has rarely appeared in international news. He was conferred the National Order of Merit by the Government of France in 2017, carrying the rank of Chevalier (Knight). Who is the current President of FATF? McqsPlanet Mr. Raja Kumar holds a LLB (Hons.) To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. Required fields are marked *. The global financial watchdog that monitors anti-money-laundering (AML) measures around the world choose a new leader every two years. He will focus on enhancing the effectiveness of global anti-money laundering & counter-terrorist financing measures, improving asset recovery and other initiatives," FATF tweeted while making the announcement on Friday. He succeeded Dr. Marcus Pleyer. At the Financial Action Task Force (FATF) Plenary that ended on 4 March 2022, the Plenary officially selected Mr. T. Raja Kumar as its next President, to replace Dr. Marcus Pleyer. He also co-led Singapores FATF 4th round Mutual Evaluation in 2015. In a statement, the FATF said,"Kumar has been a passionate advocate for the global terror financing watchdog and firmly believes in its mission and ability to make a global difference. T Raja Kumar belongs to which country who been elected as the new President of the Financial Action Task Force (FATF)? The BSE Prime Minister Narendra Modi met with the Australian CEOs in Sydney today. He writes and speaks Name, email and comment will be stored in our database. SINGAPORE:Singapore'sTRaja Kumar has been appointed as the president of theFinancial Action Task Force (FATF), the global money laundering and terrorism financing watchdog. Rishi Sunak Similarities with Ashish Nehra & Jim Sarbh, The Biggest Raid Ever! The key domestic indices today witnessed gains in the afternoon trade. Follow us on our Social Handles to stay Updated. 27 32 42 57 77 ? Minister for Home Affairs and Law, Mr. K Shanmugam, said, Congratulations to Raja for being the first Singaporean to lead the FATF. Posts Tagged with. Find out about the world, a region, or a country, * membership suspended on 24 February 2023, High-Risk and Other Monitored Jurisdictions, Browse our publications, including reports, guidance and statements. SingaporesTRaja Kumar has been appointed as the president of theFinancial Action Task Force (FATF), the global money laundering and terrorism financing watchdog. Paris, 23 June 2023- The third Plenary of the FATF under the Presidency of T. Raja Kumar of Singapore concluded today. 1. news, guides, reviews and information since 1995. Mr. Raja is a senior advisor at Singapores Ministry of Home Affairs and head of Singapores FATF delegation. T Raja Kumar, who was once the chief executive of Singapores Casino Regulatory Authority (CRA), will succeed Pleyer. view detail. Mr. Raja has rich experience in the areas of policy, regulation and law enforcement, and had served in several key roles including as Deputy Secretary (International and Training) at MHA, Deputy Commissioner (Policy) of the Singapore Police Force, Chief Executive of the Casino Regulatory Authority and Senior Deputy Director of the Commercial Affairs Department. His appointment is for a set two-year term, which begins on July 1. New Delhi [India], November 18 (ANI): Union Home Minister Amit Shah on Friday met the President of the Financial Action Task Force This service is not intended for persons residing in the E.U. G-6 countries created the FATF in 1989. Mr T. Raja Kumar elaborated on the aligned priorities between Singapore Presidency and Indias Anti-Corruption Working Group. Uncategorized. 4860. March 10, 2022. T. Raja Kumar of Singapore is the president of the FATF from 1 July 2022 to 30 June 2024. Soon after taking over the charge, Kumar presented his objectives for the coming Plenary period (July 2022 -June 2024) to strength the FATF. Kumar has been working against global terror financing for quite a long time. He served in the Singapore Police Force (SPF) for more than 35 years. WebT Raja Kumar, a Singaporean, has been named president of the Financial Action Task Force (FATF), the worlds anti-money laundering and anti-terrorism financing agency. (Photo: Twitter//@HMOIndia) New Delhi [India], FATF President T. Raja Kumar - Financial Action Task Force The FATF picks a new leader every two years. Mr. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Casino.org is the worlds leading independent online gaming authority, providing trusted online casino T Press Information Bureau The Home Team keeps Singapore safe and secure. T. Raja Kumar is the current Head of Singapores delegation to the FATF since 2015. T Raja Kumar, who was once the chief executive of Singapores Casino Regulatory Authority (CRA), will succeed Pleyer. In this role, he was the incumbent in the position of Co-Chairman of the National Interagency Committee. WebRaj is a life member of the Council on Foreign Relations, a member of the Clinton Global Initiative, and has worked, studied, and traveled in 50 countries. FATF President T. Raja Kumar has called for countries to strengthen global asset recovery, to deprive criminals of their illicit profits. At the Financial Action Task Force (FATF) Plenary that ended on 4 March 2022, the Plenary officially selected Mr. T. Raja Kumar as its next President, to replace He began his career in the Singapore Police Force but later became a senior advisor at the Ministry of Home Affairs (MHA) of Singapore in 2015. In the same here, he led Singapores efforts to meet FATF standards. Kumar also attended the Advanced Management Program at Harvard University in 2006. Join the Home Team. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. Mr. Kumar will replace Dr. Marcus Pleyer of Germany. However, it determined that it no longer needed to monitor Zimbabwe, a country that has routinely been a target. He is best known for his films Me Tulas Tujhya Angani (1960), Rangalya I look forward to Raja, as President, bringing together law enforcement authorities, financial sector and other AML/CFT supervisors, as well as private sector stakeholders to achieve effective outcomes. New Delhi [India], November 18 (ANI): Union Home Minister Amit Shah on Friday met the President of the Financial Action Task Force (FATF), T Raja Kumar on The Paris-based global money laundering and terrorist financing watchdog revealed that it decided to appoint T. Raja Kumar from Singapore as its new president. FATF members determine the new president during the annual plenary meeting. T Raja Kumar named President of the Financial Action Task Force Mr. Raja Kumar is a Board Member of the Middle East Institute of the National University of Singapore and also serves as Adjunct Professor in the School of Humanities and Behavioural Sciences at the Singapore University of Social Sciences. T Learn more on about us page, HDFC Mutual Fund launches Missed Call Advisory Service #LaxmiForLaxmi for Women Investors, Centre approves appointment of Justice DN Patel as chairperson of TDSAT, Quantitative Aptitude (Percentage) Mock Test. 19 November, 2022 12:14 am IST. Raja served as the head of Singapores CRA from April 2008 to June 2011, according to an announcement by Singapore officials. His appointment, which begins on Jul 1, is a for fixed two-year term. T Raja Kumar: What Will the New FATF President Prioritize? Upon becoming President, Raja Kumar quickly put forth his go.gov.sg/open). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Actor The Financial Action Task Force (FATF) recently announced its new President. WebThe Financial Action Task Force (FATF) on Friday announced that Singaporean T Raja Kumar had taken over as the president of the anti-money laundering watchdog. Other details about his age and personal life have not been disclosed but will be updated here once available. He served as the pioneer Chief Executive of the Casino Regulatory Authority and put in place a robust regulatory framework for the new casinos in Singapore, including for anti-money laundering and countering the financing of terrorism (AML/CFT), benchmarked against top-tiered jurisdictions. He succeeds But this promising leader is highly underrated. Be a Guardian of Our Home Home. 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. Web"Shri T Raja Kumar, President of FATF lauded the initiative taken by India for hosting #NMFT conference and expressed willingness of FATF to work closely for working on AML/ CFT issues under India's G-20 priorities," the tweet added. Until 2019, the term was only one year. During the FATF plenary, he was chosen to succeed Dr Marcus Pleyer of Germany. "During the Singapore Plenary years, the FATF will prioritise work in strengthening Asset Recovery, countering Illicit Finance of cyber-enabled crime, increasing Effectiveness of Global AML Measures, Reinforcing FATF Partnerships with FSRBs. Raja Thakur - Wikipedia SINGAPORE:Singapore'sTRaja Kumar has been appointed as the president of theFinancial Action Task Force (FATF), the global money laundering and terrorism financing watchdog. Outcomes FATF Plenary, 21-23 June 2023 Raja has been the co-chairman of Singapores National Interagency Committee on Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) since 2015. "Raja Kumar starts as FATF President today. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. This will be the first time that Singapore is taking on the Presidency of FATF, since becoming its member in 1992. Your email address will not be published. IIT-K develops Planar Trefoil Knot Antennas, major breakthrough Opposition parties instigating people in country in name Key domestic indices witness gains in afternoon trade, Asian Development Bank to provide 400 million US dollars in loans to Bangladesh, NCC celebrates 9th International Yoga Day at different locations across the country, PM Narendra Modi expresses condolences to those who lost their loved ones in bus accident in Ganjam, Odisha, Job opportunities increased significantly in last 9 years, says Union Minister Bhupender Yadav, Dubai Successfully Trials Medication Delivery via Drones, Paving the Way for Advanced Technologies in Healthcare, Five crore hospital admissions authorized under ABPMJAY. Since then, over 200 countries have agreed to follow its policies. He currently serves as the Senior Advisor (International) in the Ministry of Home Affairs, advising on international policy development, partnerships and engagement. Singapores T Raja Kumar appointed as next President of FATF Raja Kumar holds an LLB (Hons) degree from the National University of Singapore and a Master's degree in Philosophy (Criminology and Law) from the University of Cambridge. He will keep his position until July 1, 2022. T Raja Kumar T Raja Kumar, a Singaporean, has been named president of the Financial Action Task Force (FATF), the world's anti-money laundering and anti-terrorism financing agency. 1331 1000729 512 ? His appointment is for a set two-year term, which begins on July 1. Amit Shah meets FATF President T Rajakumar, urges Paris-based Published: 04 October 2017 1. Who has taken over as President of Financial Action Task Force T. Raja Kumar, who is a citizen of Singapore but of Indian origin is this new President of the FATF. information only on official, secure websites. The Financial Action Task Force (FATF) on Friday announced that Singaporean T Raja Kumar had taken over as the president of the anti-money laundering watchdog. The Financial Action Task Force (FATF) has chosen its next leader.