Article 101 Accord de siège et conditions de fonctionnement

Summary What does Article 101 of the Anti-money laundering authority regulation (AMLAR) say?

This brief but practical article deals with the physical establishment of the Authority in its host Member State.

It requires that a formal Headquarters Agreement be concluded between the Authority and the host Member State, covering accommodation, facilities, and the rules applicable to staff and their families.

The Executive Board must approve this agreement before it is concluded.

The article connects directly to Article 4, which designates Frankfurt am Main, Germany as the seat of the Authority.

Important points:

The Authority and its host Member State are required to conclude a Headquarters Agreement covering accommodation, facilities, and rules applicable to staff and their families.
The Headquarters Agreement requires the approval of the Executive Board before it can be concluded.
The host Member State must provide the best possible conditions for the Authority's functioning, including multilingual, European-oriented schooling and appropriate transport connections.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. Les dispositions relatives à l’implantation de l’Autorité dans l’État membre où son siège est situé et aux prestations à fournir par ledit État membre, ainsi que les règles spécifiques qui y sont applicables aux membres du personnel de l’Autorité et aux membres de leur famille sont arrêtées dans un accord de siège à conclure, après approbation du conseil exécutif, entre l’Autorité et ledit État membre.
1. L’État membre où le siège est établi assure les meilleures conditions possibles pour le bon fonctionnement de l’Autorité, y compris l’offre d’une scolarisation multilingue et à vocation européenne et des liaisons de transport appropriées.

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Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.