Austria Wants to Bring New EU Anti-Money Laundering Authority to Vienna

PeoplePoliticians ♦ Published: March 23, 2023; 17:52 ♦ (Vindobona)

Austria is bidding for the seat of the new EU Anti-Money Laundering Authority (AMLA) and wants to bring it to Vienna, Finance Minister Magnus Brunner said. However, it is still unclear whether this is feasible in the current climate of Austrian politics.

In the Finance Committee in Parliament, Austria's Finance Minister Magnus Brunner expressed the wish to bring the new European Authority to Vienna. / Picture: © Bundeskanzleramt (BKA) / Florian Schrötter

The Finance Committee in the Austrian Parliament discussed several reports with Finance Minister Magnus Brunner (ÖVP), for example on current EU projects in the financial sector and inflation trends, the National Financial Education Strategy, gambling and the status of international development funds.

In the course of these talks, the seat of the new EU anti-money laundering…