Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-21-Speech-3-112"

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"Terrorism remains one of the main threats to security in the European Union and we need to start negotiations with the US on the transfer of banking data as soon as possible, but not at any cost. A new agreement must provide greater protection of the personal data of European citizens. We need a better agreement, one which takes into account human rights and which addresses the issue of transferring batches of data on millions of European citizens. The future agreement must also be a reciprocal one, which means that US authorities should provide similar data on financial transactions if the European Union establishes its financial transactions tracking programme in the future. I am pleased to hear that the Commission agrees with this. The new agreement must also ensure stricter guarantees for the transfer of data to third countries. Are we going to allow the US to transfer information to any country or are we going to set out some clear criteria for that? It is imperative that we have the most appropriate safeguards. It would also be appropriate for the country providing data to consent to their transfer to third countries, so that we can set up a system requiring countries that provide data to give their consent. I therefore wonder if we could put in place some instruments that would also allow us to refuse the transfer of information to third countries where they fail to provide sufficiently specific reasons for obtaining such data. As the European Union does not have its own financial transactions tracking system, our security depends on the US. However, what can we ask for in return? We must also ensure that the future agreement with the US can be terminated immediately if any of the commitments is not met. We need to persuade our citizens that transferring banking data is a sensible thing to do, since we are more and more concerned about the extent to which we permit intrusion into our privacy in the fight against terrorism."@en1
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