Decision on relocation of European Medicines Agency and the European Banking Authority

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Series Details November 2017
Publication Date 20/11/2017
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Further information:

Ministers from EU27 Member States voted on the applications in the margins of a meeting of the General Affairs Council (Art.50). It was decided that the European Medicines Agency (EMA) would be relocated to Amsterdam (the Netherlands), while the European Banking Authoriy (EBA) would be moved to Paris (France).

The voting was conducted in accordance with the procedure by the European Council summit in June 2017.

Background information:

The relocation of both agencies is a direct consequence of the United Kingdom's decision to leave the European Union, as notified to the European Council on 29 March 2017. It does not form part of the Brexit negotiations and it is subject to discussion between the remaining member states of the European Union.

The criteria were set out by European Commission President Jean-Claude Juncker and European Council President Donald Tusk and endorsed by the European Council (in its Article 50 format) on 22 June 2017.

A political discussion on this matter was held by the General Affairs Council on 17 October.

The European Banking Authority (EBA) works to ensure effective and consistent prudential regulation and supervision across the European banking sector. The European Medicines Agency (EMA) is responsible for the scientific evaluation, supervision and safety monitoring of medicines in the EU.

The Council of the European Union voted on 20 November 2017 on the relocation of the UK-based European Medicines Agency (EMA) and the European Banking Authority (EBA).

Related Links
European Commission: DG Communication: IP/17/4777, 20.11.17: Brexit: European Commission welcomes decision by EU27 Member States to relocate UK-based Agencies http://europa.eu/rapid/press-release_IP-17-4777_en.htm
European Council: Policies: Relocation of the UK-based EU agencies http://www.consilium.europa.eu/en/policies/relocation-london-agencies-brexit/
Council of the European Union: Press Release, 20.11.17: European Banking Authority to be relocated to Paris, France http://www.consilium.europa.eu/en/press/press-releases/2017/11/20/european-banking-authority-to-be-relocated-to-city-country/
Council of the European Union: Press Release, 20.11.17: European Medicines Agency to be relocated to Amsterdam, the Netherlands http://www.consilium.europa.eu/en/press/press-releases/2017/11/20/european-medicines-agency-to-be-relocated-to-city-country/
EMA: Press Release, 20.11.17: EMA to relocate to Amsterdam, the Netherlands http://www.ema.europa.eu/ema/index.jsp?curl=pages/news_and_events/news/2017/11/news_detail_002857.jsp
EBA: Press Release, 20.11.17: EBA welcomes Council decision on its relocation http://www.eba.europa.eu/-/eba-welcomes-council-decision-on-its-relocation
Politico, 21.11.17: In agencies’ relocation, EU’s East-West divisions laid bare https://www.politico.eu/article/brexit-ema-eba-agencies-relocation-eus-east-west-divisions-laid-bare/
The Guardian, 20.11.17: London loses EU agencies to Paris and Amsterdam in Brexit relocation https://www.theguardian.com/politics/2017/nov/20/london-loses-european-medicines-agency-amsterdam-brexit-relocation
RTÉ, 21.11.17: Dublin Ranked 7th in EMA location list https://www.rte.ie/news/analysis-and-comment/2017/1121/921794-dublin-ranked-7th-in-ema-location-list/
RFI, 21.11.17: London loses European Banking Authority to Paris http://en.rfi.fr/france/20171121-london-loses-european-banking-authority-paris
Helsinki Times, 21.11.17: Helsinki loses out in race to host European Medicines Agency http://www.helsinkitimes.fi/finland/finland-news/domestic/15152-helsinki-loses-out-in-race-to-host-european-medicines-agency.html
The Slovak Spectator, 21.11.17: EMA will go to Amsterdam, not Bratislava https://spectator.sme.sk/c/20700396/ema-will-go-to-amsterdam-not-bratislava.html
Politico, 20.11.17: 5 takeaways from the race to host EU agencies after Brexit https://www.politico.eu/article/5-takeaways-from-the-race-to-host-eu-agencies-ema-eba-after-brexit/
BBC News, 20.11.17: Paris and Amsterdam to host key EU agencies post-Brexit http://www.bbc.co.uk/news/business-42050742
Deutsche Welle, 20.11.17: Amsterdam, Paris win bids for EU agencies EMA and EBA http://p.dw.com/p/2nvng
The Local.it, 20.11.17: Milan loses out to Amsterdam to host European Medicines Agency https://www.thelocal.it/20171120/milan-european-medicines-agency-brexit
The Irish Times, 20.11.17: Milan, Amsterdam and Copenhagen battle to host Medicines Agency https://www.irishtimes.com/business/milan-amsterdam-and-copenhagen-battle-to-host-medicines-agency-1.3298440
The Local.dk, 20.11.17: Political alliances could thwart Danish bid to take over EU agency https://www.thelocal.dk/20171120/political-alliances-could-thwart-danish-bid-to-take-over-eu-agency
Luxemburger Wort, 22.11.17: [Opinion] The EU missed its chance to branch out https://www.wort.lu/en/international/comment-the-eu-missed-its-chance-to-branch-out-5a154476c1097cee25b77a86
EUObserver, 20.11.17: Amsterdam wins EU medicines agency on coin toss https://euobserver.com/institutional/139945
EurActiv, 20.11.17: Amsterdam, Paris take EU agencies in lucky dip thriller http://www.euractiv.com/section/uk-europe/news/amsterdam-paris-take-eu-agencies-in-lucky-dip-thriller/

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