The EU decided to create a new Anti-Money Laundering Agency (AMLA). Now the decision is to be made, which city should host the headquarter? Today is the hearing. Afterwards, parliament and council both vote and look for agreement. Eventually, a law needs to be passed formally and they plan to get this done before the election in June.
Resolves to the city which is chosen for an AMLA headquarter by parliament and council.
Dublin, Frankfurt, Madrid, Paris and Rome (in alphabetical order, not ranked) are the cities that curry most favor among MEPs. (Source)
Nine European cities have provided strong bids to house the Anti-Money Laundering Authority, (AMLA) – with Germany, France, Spain and Ireland – at the forefront with detailed AML plans. (source)