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EU AMLA seat selection: first public hearings on 30 January; nine cities bid as anti-money laundering reforms near completion

Published on: 24 January 2024

Published by a Law360 reporter
Legal News
Article summary

On 30 January 2024, public hearings will be conducted jointly by delegates of the European Parliament and the governments of the 27 EU member states in total. Afterwards, they will decide where to base the new body, officially named the Anti-Money-Laundering/Countering the Financing of Terrorism Authority (AMLA). 'This marks the first occasion that public hearings form part of the procedure to pick the seat of a new EU agency, following the EU court ruling that granted Parliament equal footing with the council in choosing future agencies' host cities,' the European Parliament's press service stated...

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