Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.
By Geert De Clercq BRUSSELS (Reuters) -The European Union s new Anti-Money Laundering Authority (AMLA) will be based in Frankfurt, Germany, the Belgian .
The new EU anti-money laundering agency (AMLA) is to be in Frankfurt, representatives from the EU member states and the European Parliament agreed on Thursday in Brussels. Frankfurt beat competition from Paris, Brussels, Madrid, Dublin, Riga, Vilnius, Vienna and Rome to host the new EU agency. German Finance Minister Christian Lindner pushed hard for Frankfurt to host the agency. He told a public hearing in the parliament in January that in Frankfurt, the agency would everything it needs to be o