2 Amendments of Giuseppe FERRANDINO related to 2021/0240(COD)
Amendment 218 #
Proposal for a regulation
Recital 7 a (new)
Recital 7 a (new)
(7a) The quality of the national AML/CFT framework, together with the long-standing reputation and experience of the host member state in the fight against Money Laundering and Terrorism financing, should be among the essential factors to determine the location of establishment of the seats of the Authority. In addition, a balanced geographical distribution and presence of the seats of EU authorities across Member States is crucial to ensure equal treatment and proximity to all EU citizens; for this reason, the seat of the Authority should be established in a city where no other EU agencies or independent authorities are already located.
Amendment 351 #
Proposal for a regulation
Article 4 – paragraph 1 a (new)
Article 4 – paragraph 1 a (new)
The choice of the location of the seat of the Authority shall take into consideration the following essential factors: (a) it shall be determined on the basis of proven quality, the good reputation and effectiveness of the national AML/CFT framework and activities; (b) it shall ensure a balanced distribution and presence of Union authorities across the EU among all Member states; (c) it shall ensure that the seat of the Authority is established in a city where no other EU agency or independent authority are already located.