EU Lawmakers Question Terms of U.S. Deal to Share Bank Data for Terrorist Investigations

By Irene Madongo

EU lawmakers will discuss controversies later this month surrounding an agreement to share data on terrorist financing with the United States after parliamentarians Thursday called aspects of the deal "unjust." In a session of the EU's Civil Liberties, Justice and Home Affairs committee, European Ombudsman Emily O'Reilly said members of parliament might reconsider the terms of the Terrorist Finance Tracking Programme (TFTP), an agreement between the United States and the economic bloc established in 2001 and reworked in 2010. Under the arrangement, U.S. officials can obtain limited access to interbank transactional messages sent via the Society for Worldwide Interbank Financial...