Concerns Persist on EU-U.S. Data Sharing
PRIVACY LAW—EU & U.S.June 28, 2012
EUObserver reports that EU police agency Eurpol refuses to reveal an inspection report detailing how financial data is shared with U.S. authorities. Europol’s joint-supervisory body said last week that it “transfers bulk data on a daily basis to the U.S. Department of Treasury.” This follows an agreement adopted by the European Parliament in 2010 on the terrorist financing tracking program, which many MEPs thought would grant the U.S. only the data it required. Dutch Liberal MEP Sophie in’t Veld says, however, that two years later a system has not been implemented to filter out data. “The Americans want a needle, and we give them a haystack,” she said.