Politics
From favourites to fifth – how Ireland lost out on the EU’s anti-money laundering agency
Ireland’s failure to land the new agency is a disappointment to Department of Finance officials and one from which Ireland must learn, according to experts
In October, the mood music around Ireland’s chances of hosting a major European Union authority was positive but despite a year-long campaign, its bid team ultimately came up empty-handed.
The European Union anti-money laundering agency (Amla) is being created to detect and combat suspicious cross-border transactions.
Ireland led a fervent campaign, headed up by Michael McGrath, finance minister and Jennifer Carroll MacNeill, the junior finance minister, who hoped to promote the country on the EU ...
