The Irish Government has applied to host the EU Centralised Anti-Money-Laundering Authority (AMLA) in Dublin. A successful bid will create around 600 new Irish jobs, although there may be some displacement of Central Bank of Ireland (CBI) staff for areas of supervision ceded to AMLA by the CBI. In addition to direct employment, a common EU rule book and a regulator located in Ireland will serve to attract the shared centralised AML compliance function of the big international banks to Ireland. This will create additional, indirect employment. Some of these banks already have their EU or worldwide centralised AML function in Dublin. it is easy to envisage additional employment arising directly and indirectly from a successful AMLA bid.