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Europol failing to reveal or audit data transferred to US

PDP news has today reported that Europol has refused to reveal an inspection report detailing how financial data are shared with US authorities.

A report released earlier this year revealed that the EU police agency does not know the amount of financial data actually transferred to the US pursuant to a controversial terrorist financing tracking programme (the so-called ‘SWIFT’ agreement) adopted by the European Parliament in the summer of 2010.

Many MEPs were led to believe the European Commission would, within a year of the agreement, set up a system that would ensure the Americans would only get the data they had required. But two years later the Commission has yet to implement a system that would filter out the data. Dutch Liberal MEP, Sophie In’t Veld, described the situation as “the Americans want a needle, and we give them a haystack.”