Pöördumine

AMLA’s building: spoiled for choice in Frankfurt’s

real estate market

A vibrant metropolis in

a green setting

An outstanding talent pool and hub for innovation

A one-stop shop

for  supervision

On-site inspections within

walking distance

Easily accessible from all around europe in

2.5 hours or less

AT A GLANCE: WHY FRANKFURT IS THE PERFECT FIT

Combating money laundering is a top priority for Germany. The federal cabinet

has delivered on this priority and just approved a bill on improving the fight

against financial crime.

The central component of this legislation will be the establishment of a new

federal authority, the Federal Financial Crime Agency or in short BBF that will

pool analysis, criminal and administrative investigations as well as supervision

under a single roof in order to ensure a centralised, holistic fight of money

laundering. The BBF will serve as AMLA’s national counterpart in Germany.

In Frankfurt, AMLA will find everything it needs in order to be operational

from day one and to fully execute its tasks and powers. That is the reason why

Germany is bidding to host AMLA in Frankfurt.

GERMANY STANDS READY

AMLA IN FRANKFURT

WELCOME TO FRANKFURT: COMBINING FINANCE WITH QUALITY OF LIFE

ON-SITE INSPECTIONS WITHIN WALKING DISTANCE

It is anticipated that the majority of the entities that AMLA will directly supervise is located

in Western Europe or even in Frankfurt itself. The short distances to the supervised entities

and national supervisors would be a considerable organisational advantage for AMLA.

EASILY ACCESSIBLE FROM ALL AROUND EUROPE IN 2.5 HOURS OR LESS

With one of the largest airports in continental Europe, daily flights in all capitals and the

most important rail transport hub in Germany with over 1,100 daily connections, Frankfurt

offers excellent access to all destinations in the European Union and the world.

AMLA’S BUILDING: SPOILED FOR CHOICE IN FRANKFURT’S REAL ESTATE MARKET

Thanks to an attractive and vibrant real estate market with competitive pricing, AMLA is

spoiled for choice in making its new home. Several buildings are available in the business

district as well as in the newly constructed business complex near the airport.

A VIBRANT METROPOLIS IN A GREEN SETTING

Frankfurt offers employees and their families attractive living and working conditions in a

thriving and English-speaking labour market as well as excellent educational opportunities,

from early childhood to university.

AN OUTSTANDING TALENT POOL AND HUB FOR INNOVATION

The Frankfurt Rhine-Main region offers an attractive research and knowledge hub with

an international talent pool of 250,000 students, numerous IT-technicians, bankers and

lawyers as well as more than 40 research institutions and universities.

A ONE-STOP SHOP FOR SUPERVISION

Protecting the integrity of the financial system requires not only effective money launder-

ing supervision and strong prudential supervision, but also ad-hoc information-sharing

between the supervisors of individual institutions. AMLA’s close proximity to the ECB

would create a one-stop shop for supervision.

Postanschrift Berlin: Bundesministerium der Finanzen, 11016 Berlin

www.bundesfinanzministerium.de

Christian Lindner Federal Minister Member of the German Bundestag POSTAL ADDRESS Federal Ministry of Finance, 11016 Berlin

Only by e-mail: mart.vorklaev@fin.ee;

keit.pillak@fin.ee

Mr. Mart Võrklaev

Minister of Finance

OFFICE ADDRESS Wilhelmstrasse 97, 10117 Berlin

TEL +49 (0) 30 18 682-43 98

FAX +49 (0) 30 18 682-88 43 98

E-MAIL poststelle@bmf.bund.de

in February 2024

FILE NO VII A 5 - WK 5024/21/10001 :020 DOCUMENT NO 2024/0104130

(Please quote file no. and document no. in your reply.)

Dear Minister,

On 30 January 2024, the European Parliament and the Council of the European Union held

a joint hearing of all candidates for the location of the European Anti-Money Laundering

Authority AMLA. With this first ever joint hearing, we have come a decisive step closer to

our common goal in the fight against money laundering and terrorist financing. The joint

decision of the European Parliament and Council on the location of the future European

Anti-Money Laundering Authority is now imminent.

The German government is fully committed to supporting the EU project in establishing a

European anti-money laundering authority. A strong AMLA with a European perspective is

the only way to ensure the uniform application of the substantive legal framework in the EU

and for the joint efforts to combat money laundering to be swiftly and effectively raised to

the next level.

In Frankfurt, AMLA would be based in the largest and most important financial centre in

continental Europe. Here it could perform its core tasks, including the direct supervision

of Europe’s largest providers of financial services, efficiently and sustainably due to its

proximity to key institutions. Furthermore, Frankfurt is able to offer AMLA and its future

employees unrivalled accessibility, a first-class digital infrastructure, a large and highly

qualified talent pool, and an excellent quality of life. But it is not only Frankfurt that offers

page 2 all the prerequisites for AMLA; Germany as a whole is ideally qualified to host the new

anti-money laundering authority. We take the fight against money laundering very seriously

and have stepped up our AML efforts considerably in recent years. The main arguments in

favour of Frankfurt are summarized in the attached leaflet as well as on the website

www.amla-frankfurt.eu.

Against this background, I am convinced that Frankfurt is an ideal location for AMLA in

order for Europe to achieve its goal of becoming a global leader in the field of financial

integrity and the fight against financial crime.

I would deeply appreciate your support for Frankfurt as AMLA´s future home. Let us

continue to maintain and strengthen the dialogue between our governments on this matter.

Yours sincerely,

Postanschrift Berlin: Bundesministerium der Finanzen, 11016 Berlin

www.bundesfinanzministerium.de

Christian Lindner Federal Minister Member of the German Bundestag POSTAL ADDRESS Federal Ministry of Finance, 11016 Berlin

Only by e-mail: mart.vorklaev@fin.ee;

keit.pillak@fin.ee

Mr. Mart Võrklaev

Minister of Finance

OFFICE ADDRESS Wilhelmstrasse 97, 10117 Berlin

TEL +49 (0) 30 18 682-43 98

FAX +49 (0) 30 18 682-88 43 98

E-MAIL poststelle@bmf.bund.de

in February 2024

FILE NO VII A 5 - WK 5024/21/10001 :020 DOCUMENT NO 2024/0104130

(Please quote file no. and document no. in your reply.)

Dear Minister,

On 30 January 2024, the European Parliament and the Council of the European Union held

a joint hearing of all candidates for the location of the European Anti-Money Laundering

Authority AMLA. With this first ever joint hearing, we have come a decisive step closer to

our common goal in the fight against money laundering and terrorist financing. The joint

decision of the European Parliament and Council on the location of the future European

Anti-Money Laundering Authority is now imminent.

The German government is fully committed to supporting the EU project in establishing a

European anti-money laundering authority. A strong AMLA with a European perspective is

the only way to ensure the uniform application of the substantive legal framework in the EU

and for the joint efforts to combat money laundering to be swiftly and effectively raised to

the next level.

In Frankfurt, AMLA would be based in the largest and most important financial centre in

continental Europe. Here it could perform its core tasks, including the direct supervision

of Europe’s largest providers of financial services, efficiently and sustainably due to its

proximity to key institutions. Furthermore, Frankfurt is able to offer AMLA and its future

employees unrivalled accessibility, a first-class digital infrastructure, a large and highly

qualified talent pool, and an excellent quality of life. But it is not only Frankfurt that offers

page 2 all the prerequisites for AMLA; Germany as a whole is ideally qualified to host the new

anti-money laundering authority. We take the fight against money laundering very seriously

and have stepped up our AML efforts considerably in recent years. The main arguments in

favour of Frankfurt are summarized in the attached leaflet as well as on the website

www.amla-frankfurt.eu.

Against this background, I am convinced that Frankfurt is an ideal location for AMLA in

order for Europe to achieve its goal of becoming a global leader in the field of financial

integrity and the fight against financial crime.

I would deeply appreciate your support for Frankfurt as AMLA´s future home. Let us

continue to maintain and strengthen the dialogue between our governments on this matter.

Yours sincerely,