SWIFT Agreement Signed

The agreement on the transfer of bank data between the EU and the US was signed at last, after a protracted period of negotiations. But the really interesting part has been the decisive role of the European Parliament that refused in February to approve an interim agreement. Later the EP demanded a reopening of negotiations in order to guarantee that an EU official would be present in the location where US counter-terrorism officials extract the SWIFT data transmitted to them.

2 responses to “SWIFT Agreement Signed

  1. Pingback: Semaine du 3 juillet « EU Weekly

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