American officials acted within their rights when barring a European investigator from reviewing an audit of how the two continents exchange data linked to terrorist financing, EU attorneys said Thursday. The legal advisors presented the findings to the EU Parliament's Civil Liberties, Justice and Home Affairs Committee, which last month questioned the terms of a 2010 agreement that allows American investigators to obtain financial data sent via the Society for Worldwide Interbank Financial Telecommunication (Swift) platform. Under the Terrorist Finance Tracking Programme (TFTP), American officials investigating terrorism can request Swift data from Europol on a limited basis, but neither the...
Four years after rejecting a program to track terrorist financing over budgetary and data privacy concerns, the European Union is reconsidering the project following a string of deadly attacks in the United Kingdom and throughout the 28-nation bloc.
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."
Over a year after outlining alternatives to a controversial U.S.-EU bank data-sharing arrangement, European Union leaders have yet to disclose how they would give American terrorism investigators access to sensitive financial information.
The European Union and the United States move ahead with negotiations over Swift interbank data and a New York court sentences an alleged terrorist financier to ten years in prison, in this week's news roundup.
The rejection by the EU Parliament Thursday of a data sharing agreement with the United States is likely to leave U.S. investigators without timely access to European banking data for the second month in a row.
European Union justice ministers agreed Friday on guidelines for the sharing of personal data among law enforcement agencies and European courts, giving European citizens greater assurances of privacy in terrorism and criminal cases.