Satya Pal Kumar Appointed Director of FIU-IND
The Appointments Committee of the Cabinet (ACC) appointed Satya Pal Kumar, a 2005-batch Indian Revenue Service (IRS) officer of the Income Tax cadre, as the Director of the Financial Intelligence Unit - India (FIU-IND). FIU-IND, set up in 2004, is the central national agency responsible for receiving, processing, analysing and disseminating information relating to suspect financial transactions, and reports directly to the Economic Intelligence Council headed by the Finance Minister. It is the nodal agency for India's engagement with the Financial Action Task Force (FATF).