Monday 21 May, 2012
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EU, US finally agree on compromise deal for SWIFT banking data sharing Tuesday 29 June 2010 | 11:01 AM CET
The European Union has signed an agreement with the US that allows EU banking data to be transmitted via the SWIFT network to US authorities, permitting tighter control and tracking of potential terrorist financing, online news outlet Deutsche Welle reports. The agreement needs to be green lit by the European Parliament before it becomes effective.

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