Wednesday, 10 February 2010

Transfer of EU banking data to US - Council issues declaration

The Council of the European Union have just issued a declaration in defence of the interim EU-US Agreement on the Transfer of Financial Messaging Data for purposes of the Terrorist Finance Tracking (i.e. agreement to provide info on EU citizens' banking transactions to the US authorities).

This seems perhaps to have been prompted by negative press about the Agreement being signed just before the European Parliament were due to have more powers and more say upon the Lisbon Treaty coming into force.

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