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Madrid has offered its Glass Tower to host the AMLA headquarters, a skyscraper almost 250 metres high (Photo: Unsplash)

Madrid steps up bid to host EU anti-money laundering hub

The application process has not yet opened, nor is there an official list of candidate cities, but Spain is confident the headquarters of the EU's new anti-money laundering authority (AMLA) should be in Madrid.

"We believe that Madrid deserves to host an institutional representation of Europe," said Juan Manuel López Zafra, director general for the economy of the Community of Madrid, during an informal presentation of Madrid's candidacy in Brussels on Wednesday (May 31).

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

Madrid has offered its Glass Tower to host the AMLA headquarters, a skyscraper almost 250 metres high (Photo: Unsplash)

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

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