Menu
EU Parliament votes to suspend data sharing deal with US

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.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags legislationgovernment

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments