Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-10-23-Speech-3-179-979"
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"en.20131023.29.3-179-979"2
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"This resolution calls for the suspension of the EU-US Terrorist Finance Tracking Programme (TFTP) and for an investigation to be carried out into allegations that US authorities have had unauthorised access to SWIFT information.
The SWIFT agreement gives the US Treasury Department access to data on European Citizens’ financial transactions as part of the TFTP. MEPs were cautious about the SWIFT agreement when it was first negotiated, but eventually we gave our support on the basis that the agreement provided a balanced approach to fighting terrorism whilst at the same time guaranteeing EU citizens’ right to privacy. However, reports of the NSA tapping into the SWIFT data mean that there are now serious doubts that this agreement offers any real legal guarantees and safeguards.
Labour MEPs supported this resolution as we believe that suspending the agreement would put the necessary political pressure on the US to appropriately respond to the allegations and to ensure adequate safeguards for EU citizens."@en1
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