Capital of financial regulation: Frankfurt hopes that the AMLA award will boost its long-term image.
Image: dpa
There is great joy in the Rhine-Main region about the establishment of the European money laundering authority AMLA. But at the same time it is also an obligation. What now awaits the city and financial center.
KJust before Eintracht's European Cup game kicked off at the Waldstadion on Thursday evening, the news came from Brussels. It's no wonder that many people who already had football fever took a metaphorical approach to football when they celebrated the establishment of the money laundering authority AMLA in Frankfurt. “We won the cup, it was a great team effort,” praised Stephanie Wüst (FDP), head of the economics department.
In fact, sport can be a role model in a competition against strong competition, like the one Frankfurt has had to take in recent months. Seven years ago, the city came away empty-handed when it came to awarding the European Banking Authority (EBA), so it went to Paris. Defeats can happen, you should only learn from your mistakes, and Frankfurt succeeded in doing that. Because this time everything was apparently perfect: the content of the application was good, probably the best among the eight candidates; With Federal Finance Minister Christian Lindner (FDP), the campaign had a committed advocate in Berlin; and with Mayor Mike Josef (SPD) a team captain who led a strong team from the entire region that fought until the end.
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