THE COUNTDOWN for bidding to host the new European Anti-Money Laundering Authority (AMLA) has begun with the Commission accepting nominations from next week.
Significantly however, despite last year’s ruling by the European Court of Justice (ECJ) giving the European Parliament (EP) strong new influence in the selection process, it appears national governments are dragging their heels over the parliament’s powers.
The ECJ stipulated that host city selection for EU agencies should be integrated into the ordinary legislative procedure, granting equal power to the Parliament and the Council.
Strikingly, despite that the Council