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

Author (Person)
Series Details November 2017
Publication Date 20/11/2017
Content Type

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
European Council: Policies: Relocation of the UK-based EU agencies
Council of the European Union: Press Release, 20.11.17: European Banking Authority to be relocated to Paris, France
Council of the European Union: Press Release, 20.11.17: European Medicines Agency to be relocated to Amsterdam, the Netherlands
EMA: Press Release, 20.11.17: EMA to relocate to Amsterdam, the Netherlands
EBA: Press Release, 20.11.17: EBA welcomes Council decision on its relocation
Politico, 21.11.17: In agencies’ relocation, EU’s East-West divisions laid bare
The Guardian, 20.11.17: London loses EU agencies to Paris and Amsterdam in Brexit relocation
RTÉ, 21.11.17: Dublin Ranked 7th in EMA location list
RFI, 21.11.17: London loses European Banking Authority to Paris
Helsinki Times, 21.11.17: Helsinki loses out in race to host European Medicines Agency
The Slovak Spectator, 21.11.17: EMA will go to Amsterdam, not Bratislava
Politico, 20.11.17: 5 takeaways from the race to host EU agencies after Brexit
BBC News, 20.11.17: Paris and Amsterdam to host key EU agencies post-Brexit
Deutsche Welle, 20.11.17: Amsterdam, Paris win bids for EU agencies EMA and EBA
The, 20.11.17: Milan loses out to Amsterdam to host European Medicines Agency
The Irish Times, 20.11.17: Milan, Amsterdam and Copenhagen battle to host Medicines Agency
The, 20.11.17: 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
EUObserver, 20.11.17: Amsterdam wins EU medicines agency on coin toss
EurActiv, 20.11.17: Amsterdam, Paris take EU agencies in lucky dip thriller

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