Although the current president of the Ecofin Council, France’s Bruno Le Maire, did not want to open the discussion on the seat of the AMLA, several European finance ministers highlighted their countries’ assets to host the future European authority to fight money laundering and terrorist financing, during a ministerial debate in Luxembourg on Friday 17 June.
Carsten Pillath, the German State Secretary, launched the debate with a lengthy presentation of his arguments for Frankfurt to be...