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22 January 2025

New Anti-Money Laundering Authority AMLA finds a home in Frankfurt

Germany’s bid to host the EU’s new Anti-Money Laundering Authority (AMLA) was successful. AMLA is now located in Frankfurt and will take up its operations step by step.

Frankfurt aerial view BildVergroessern
Source:  Getty Images / Philipp Zechner / EyeEm

The fight against money laundering is a top priority for the EU and Germany. In an ambitious legislative package to combat money laundering and terrorist financing, the EU has not only standardised anti-money laundering legislation across Europe, but also established the Anti-Money Laundering Authority (AMLA) as the first-ever designated EU authority to counter money laundering. The German government fully supports this project and is working together with the Land of Hesse and the city of Frankfurt to ensure the swift establishment of a strong AMLA in Frankfurt.

In cooperation with the Land of Hesse and the city of Frankfurt, the German government has also made good on its promise to provide financial support to AMLA over a period of five years.

Further information about the new authority can be found on AMLA’s website: www.amla.europa.eu.

EU creates a standardised set of rules to combat money laundering

Equipped with all the necessary regulatory and supervisory powers, AMLA will work together with the member states’ supervisory authorities to ensure the uniform application of anti-money-laundering legislation and to strengthen cooperation between national Financial Intelligence Units.

As the first anti-money laundering authority with a European perspective, AMLA will take anti-money laundering efforts to the next level and play a leading role in protecting the integrity of the single market.