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‘Made for Dublin’ - Michael McGrath steps up Ireland’s bid for EU anti-money laundering agency

Ibec said the bid was a way of boosting Ireland’s reputation abroad as a tech powerhouse

Michael McGrath, the finance minister, said Ireland was an ideal location for the new EU agency. Picture: Dave G Kelly

Ireland is “ideally suited“ to hosting the EU Anti-Money Laundering Agency given its position as a ”large independent globally interconnected financial centre“ and a recognised technology hub, the finance minister has said.

Michael McGrath said Ireland wanted to take its EU contribution “to the next level” by helping to build out a major institution such as AMLA in Ireland.

“We might be a small member state on the periphery of Europe but we are at ...