September 29, 2006 |
The international banking consortium SWIFT for years has secretly supplied U.S. authorities with massive amounts of personal data for use in anti-terrorism investigations, violating European Union privacy rules, a Belgian commission said Thursday. "SWIFT finds itself in a conflicting position between American and European law," Belgian Prime Minister Guy Verhofstadt said.
June 27, 2006 |
President Bush on Monday criticized newspapers for exposing a secret U.S. government program that monitors international banking transactions, calling the disclosures a "disgraceful" act that could assist terrorists. Bush made his remarks during a White House meeting with organizations that support the war in Iraq, echoing comments Friday from Vice President Dick Cheney and conservative commentators.
July 8, 2006 |
European Union officials are seeking an investigation of the U.S. government's program for monitoring international banking data, with the most pressing questions aimed at figuring out how much European governments and institutions knew about the secret operation. Lawmakers of the European Parliament, meeting this week in Strasbourg, France, demanded that the European Central Bank and similar institutions in the 25-nation bloc reveal the level of their cooperation in or knowledge of the U.S.
August 24, 2006 |
Amid growing concerns that hand-overs of confidential banking data to U.S. counter-terrorism investigators may violate European privacy laws, officials from around the continent met Wednesday in Brussels to consider legal options for probing the transfers. Representatives of European privacy commissions considered complaints that sharing data on thousands of international wire transfers with U.S.
June 26, 2006 |
The chairman of the House Homeland Security Committee called Sunday for criminal prosecution of the New York Times, saying its report Friday on U.S. government surveillance of confidential banking records "compromised America's anti-terrorist policies." Interviewed on "Fox News Sunday," Rep. Peter T. King (R-N.Y.) said the newspaper compromised national security when it exposed a Treasury Department program that secretly monitored worldwide money transfers to track terrorist financing.
July 12, 2006 |
The Bush administration is considering requiring U.S. banks, for the first time, to inform the government of all their customers' international wire transfers, regardless of possible terrorist ties, a Treasury Department official said Tuesday. Such mandatory reporting would mark a major expansion of the government's efforts to comb financial data to fight terrorism and other international crimes.