EU officials on Tuesday published a wide-ranging plan to make life difficult for financial criminals by banning bearer shares, forcing transparency on legal entities, subjecting "golden passport" companies to anti-money laundering rules and enacting a swathe of other reforms.
German officials are hoping to make Frankfurt home to the EU’s planned Anti-Money Laundering Authority, also known as AMLA, although officials in Brussels say no decision has been made on where the authority will be headquartered.