European Interest

Anti-Money Laundering Authority: call for host city applications opens

FLICKR/YANNI KOUTSOMITIS/CC BY 2.0

Starting on 28 September, European cities can submit their applications to host the new EU authority to fight money-laundering.

In July 2022, the Court of Justice of the EU established that selecting the host cities of EU agencies should be part of the ordinary legislative procedure, where Parliament and Council have equal power as co-legislators. The law on establishing AMLA is part of a larger package of measures against money-laundering and terrorist financing, currently being negotiated between the Parliament and the Council.

As the call for applications to host the future Anti-Money Laundering Authority (AMLA) has just been launched, co-rapporteurs Emil Radev (EPP, Bulgaria) and Eva Maria Poptcheva (Renew, Spain) said:

“For the first time, Parliament and Council agreed jointly on the criteria for choosing a new EU body’s host city. Now that the Parliament has equal say in selecting the host city, we will push for a transparent selection process as we move forward, with candidates presenting their bids in hearings. The anti-money laundering package and AMLA in particular are at the top of the EU’s political agenda and we are committed to delivering to citizens a robust framework.”

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