Thursday 04 February 2010
The European Parliament's justice & civil liberties committee is expected this afternoon to reject the interim agreement concluded by EU states with the US to allow US authorities access to mass information on financial transactions of Europeans and routed through Europe.
This is the so-called 'SWIFT' agreement named after the name of the company which manages the flow and otherwise called the 'TFTP' agreement after the name of the US Treasury's Terrorist Finance Tracking Programme. It has been provisionally applied but needs MEP consent to stay in force.
Liberal Democrat European justice & human rights spokeswoman Sarah Ludford MEP said: