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Frankfurt chosen by EU council for anti-money laundering agency, but parliament to vote later
The German city beat eight other European cities including Dublin in the EU Council vote, but the final result hangs with the European Parliament
Frankfurt won a preliminary vote in the Council of European Union member states to become the home of the new Anti-Money Laundering Authority (Amla), according to people familiar with the matter.
Germany’s financial hub edged out second favourite Paris, according to the people who spoke under the condition of anonymity because the decision is private.
A final vote with members of the European Parliament is due later on Thursday and another city could still emerge ...
