On 18 December 2023, the Council of the EU issued a press release stating that it had reached a common understanding on the process for selecting the seat of the future European authority for countering money laundering and terrorist financing (AMLA).

The co-legislators have agreed on the principle of organising joint public hearings to allow representatives of Member States’ candidacies to present their applications. The co-legislators will assess each application according to the selection criteria included in the call for applications, the information provided by candidates in their application forms, the European Commission’s assessment of those forms as well as the outcome of the joint public hearings. The final decision on the location of AMLA’s seat should be made by the co-legislators in an informal inter-institutional meeting at political level, where the European Parliament’s and the Council’s representatives will vote together at the same time with the same number of votes attributed to each co-legislator