Europe Tries to Curb U.S. Role in Tracking Terrorists’ Funds

BRUSSELS — The European Commission on Wednesday presented proposals for tracking the finances of terrorists in Europe that are aimed at ending the primary role of the United States in those efforts.

The European Union needed “to find a European solution for extracting the requested data on European soil,” said Cecilia Malmström, the E.U. commissioner for home affairs.

Many E.U. lawmakers have long objected to an existing program that sends information on financial transactions in bulk to the United States where it is sifted for evidence of terror plots.

That program was established by the administration of George W. Bush in the wake of the attacks on the United States on Sept. 11, 2001. The program became a symbol of differences between the United States and the European Union over how to balance personal privacy guarantees with concerns on national and international security.

Ms. Malmström’s proposals could help to quell criticisms that financial tracking jeopardizes European standards of privacy by establishing a parallel system that would share tips with the United States and other powers.

Any European system “would need to fully respect fundamental rights, and in particular ensure a high level of data protection,” said Ms. Malmström.

A key objective would be “limiting the amount of personal data transferred to the U.S.,” according to a statement by Ms. Malmström’s department.

The commission already has discussed plans to create a so-called European Terrorist Finance Tracking System with the American authorities who have participated in expert meetings on the initiative.

But a European system still could cost nearly 50 million euros to implement and about 11 million euros in annual running costs. Depending on how a European system was designed, it also could require unprecedented cooperation among the security services of fractious E.U. member states, raising questions about feasibility.

The current program allows American agencies to get access to European banking data held by a cooperative — the Society for Worldwide Interbank Financial Telecommunication, or Swift — which is responsible for routing trillions of dollars daily among banks, brokerage houses, stock exchanges and other institutions.

But members of the European Parliament and other campaigners have complained for years that the program undermines privacy because it requires large batches of information to be sent to the United States for analysis and storage there.

Frustration among members of the Parliament welled up in February 2010, when they vetoed a previous accord and deprived the United States of access to the information.

The European Commission, the E.U. executive, then led negotiations with the United States to win assurances that any requests for information would be evaluated by the European police agency, Europol.

The European Parliament approved a revised agreement in July 2010.

But some lawmakers who approved that agreement have criticized Europol for too readily approving American requests for large amounts of data, and they have suggested they could withdraw their support again in the future.

http://www.nytimes.com/2011/07/14/world/europe/14terror.html?hpw

Views: 56

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Less Prone commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
"Charlie Kirk was getting very critical against Israel and had turned down a lucrative deal from the…"
1 hour ago
Doc Vega's blog post was featured

The Army of Government Launched Psychopaths

They walk among us in most college towns. They seem relatively reasonable until political…See More
1 hour ago
Less Prone favorited Doc Vega's blog post Is this proof that the story about Charlie Kirk's assassination is false?
2 hours ago
Less Prone commented on Doc Vega's blog post Is this proof that the story about Charlie Kirk's assassination is false?
"Have to sign in to YT for this. So. What I do is to go to https://ytdown.io/en/ and download…"
2 hours ago
Doc Vega commented on Doc Vega's blog post Was a Planned Civil War Averted?
"cheeki kea, you are spot on. The old guard is about to collapse! "
Thursday
Doc Vega commented on Doc Vega's blog post Alligator Creek and a Japanese Massacre
"cheeki kea, the Japanese thought they could expand their empire and exact enough damage on the US…"
Thursday
Michelle Reichert favorited Burbia's video
Wednesday
cheeki kea posted a video

NEW DOCUMENTARY - Dissent Into Madness

TRANSCRIPT AND SOURCES: https://www.corbettreport.com/dissent-into-madness/What if the delusions of the dissidents are in fact real? What if their paranoid f...
Wednesday
cheeki kea commented on Doc Vega's blog post Alligator Creek and a Japanese Massacre
"Japan served themselves up no favours by inching out into the South Pacific as they soon found out.…"
Wednesday
cheeki kea commented on Doc Vega's blog post Was a Planned Civil War Averted?
"Their plans did not work out because we are the news now, and the old news is the enemy. "
Wednesday
Doc Vega posted a blog post

Alligator Creek and a Japanese Massacre

The year is 1942 just a few months after the Pearl Harbor disaster. Despite losses suffered by the…See More
Tuesday
Doc Vega commented on Burbia's video
Thumbnail

CHARLIE KIRK WAS CNP! JOSH REEVES 9-11-25

"With all due respect this guy comes off as a drunken asshole and he didn't even  know who…"
Monday
Doc Vega posted a blog post

Was a Planned Civil War Averted?

We are living in sadly historic times where good and evil are in battle all the time. Not that this…See More
Sunday
Sandy posted a photo
Sep 28
Less Prone posted a video

President Trump addresses U.N. General Assembly - FULL SPEECH

President Donald Trump speaks at the United Nations General Assembly in New York City.Full video here: https://www.c-span.org/event/white-house-event/preside...
Sep 28
Burbia posted a video

2 MIN AGO: Western Provinces MAJOR New WEXIT Announcement - Canada EXPLODES!

In a stunning turn of events, Western provinces just made a major new WEXIT announcement — and it’s shaking the foundations of Canadian unity. Is Western sep...
Sep 27
Doc Vega posted a blog post

How You Provoke a Civil War

In the world of counter intelligence which is simply one aspect of many pertaining to asymmetrical…See More
Sep 26
Burbia commented on Burbia's video
Thumbnail

CHARLIE KIRK WAS CNP! JOSH REEVES 9-11-25

"I don't follow as much with Josh Reeves than I use to. He seems to be a documentary producing…"
Sep 25
Burbia posted a video

CHARLIE KIRK WAS CNP! JOSH REEVES 9-11-25

DONATE-paypal-dayglow76@yahoo.comCashapp-reevesradioVenmo-Josh-Reeves-61FILMS AND AUDIOBOOKS DOWNLOAD STORE-https://store.payloadz.com/results/242828-josh-re...
Sep 25
Doc Vega posted blog posts
Sep 25

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted