The ambassadors of the Member States to the European Union (Coreper) and the 14 shadow rapporteurs of the European Parliament decided, on Thursday 22 February, that the future Anti-Money Laundering Authority, (AMLA), will be based in Frankfurt am Main (see EUROPE B13352A14).
The German city thus stood out from the other candidates which were: Rome, Vienna, Vilnius, Riga, Dublin, Madrid, Brussels and Paris (see EUROPE B13334A22). With over 400 employees, it will begin operations in...