Finance

Explainer: As the bid for the EU dirty money watchdog hits crunch time what are Ireland’s chances?

An announcement of the winning location will be made after a vote in Brussels at 5pm Irish time

Jennifer Carroll MacNeill, junior finance minister, has been travelling across the continent campaigning. Pitcure: Alexis Haulot

The results of a year of campaigning to secure the headquarters of the European Union anti-money laundering agency (Amla) will be revealed this evening after a secret ballot vote in Brussels.

Ireland is in the running hoping to secure the body that would bring 400 jobs to Dublin, but intense lobbying from nine countries means it’s a competitive race.

What’s this all about?

The Amla is being created to detect and combat suspicious cross-border transactions. ...