Weekly Roundup: EU Committee Rejects Data Sharing Deal, Two Lawyers Charged in Separate Money Laundering Cases, And More

A once touted financial data sharing agreement between the United States and European Union appears to be in peril this week after an influential EU Parliament committee rejected the deal, according to news reports. The potential collapse of the agreement, which allows U.S. investigators access to interbank transactions through Brussels-based Society for Worldwide Interbank Financial Telecommunication (Swift) consortium, would be a blow to American terrorism investigations. The EU Council approved the temporary plan on Nov. 30 as a stopgap agreement until the European Union and the United States draft a long-term treaty later this year. The EU Parliament is expected...