Tag Archives: SWIFT

EU – US Umbrella Agreement about to be concluded: towards a transatlantic approach to data protection?

By Jean de Ruyt According to the European Commissioner for Justice, Consumers and Gender Equality, Věra Jourová, the EU and the US have finalized the EU-US Umbrella Agreement (for the press release, see here; a reportedly near-final draft of the agreement can be read here). This is a remarkable breakthrough after the first calls for such … Continue Reading

European Parliament Calls for Suspension of the SWIFT Agreement following NSA Surveillance Claims

On October 23, 2013, the European Parliament adopted a resolution calling for the suspension of an EU-US Agreement on the transfer of financial data for the purposes of the Terrorist Finance Tracking Program (the so-called “SWIFT Agreement”).  The resolution comes after allegations that the US National Security Agency (NSA) has had unauthorized access to EU citizens’ bank … Continue Reading
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