Frankfurt was the right choice to host the European Union’s new anti-money laundering agency (AMLA) because it’s also the home of the European Central Bank, Germany’s finance minister said on Friday. “Our strong argument was that proximity to the European Central Bank could be advantageous for the work of the new authority,” Christian Lindner told reporters in Ghent, Belgium. “Obviously our arguments have convinced many.” Frankfurt was chosen to host the new agency by representatives from the EU member states and the European Parliament on Thursday. The German financial centre beat competition…