EU Parliament votes to suspend data sharing deal with US

EU politicians want to suspend the terrorist finance tracking program over the NSA spying scandal

The European Parliament voted on Wednesday to suspend a major data sharing agreement with the U.S. following the ongoing scandal over alleged surveillance from the U.S. National Security Agency.

Members of the European Parliament (MEPs) narrowly adopted a resolution to suspend the Terrorist Finance Tracking Program (TFTP) with 280 votes in favor and 254 against.

The TFTP agreement allows the U.S. Treasury to access some data stored in Europe by international bank transfer company Swift. But allegations that the NSA had spied on this data without going through legal channels has enraged many MEPs.

These allegations are based on documents leaked by former NSA contractor Edward Snowden. According to the documents, Swift is included in an NSA training manual for new agents on how to target the private computer network.

The TFTP agreement was controversial from the start. Parliament reluctantly agreed to it in 2010. Then an annual review of the program last year revealed that the written requests made by the U.S. for European banking data were too vague to assess whether they meet European Union data standards.

However, for many politicians this has been rendered largely irrelevant.

"NSA interception of Swift data makes a mockery of the E.U.'s agreement with the U.S. What is the purpose of an agreement like this, which was concluded in good faith, if the U.S. authorities are going to circumvent its provisions?" said Jan Philipp Albrecht, the Parliament's lead negotiator on data protection reform.

Follow Jennifer on Twitter at @BrusselsGeek or email tips and comments to jennifer_baker@idg.com.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags governmentlegislation

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jennifer Baker

IDG News Service
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?