An announcement revealing which of Europe’s financial hubs will host the new European Anti-Money Laundering Authority (AMLA) and its staff is expected soon.

Perhaps ambitiously, the authority should be “operational in its seat location by the beginning of 2024”, according to an EU briefing. It says the European money laundering watchdog aims to be fully resourced by the end of 2025, with direct supervision established by 2026.

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