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EU-USA SWIFT/TFTP AGREEMENT: Council of the European Union: The European Parliament needs to give its consent by a majority of its members before the agreement can enter into force

01 June 2010

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EU-USA SWIFT/TFTP AGREEMENT: Council of the European Union: Press release (pdf): The European Parliament needs to give its consent by a majority of its members before the agreement can enter into force. The next possibility for the European Parliament to vote on the agreement is during the plenary session from 5-8 July 2010. Final Legislative text:

- Council Decision on the conclusion of the Agreement between the European Union and the United States of America on the processing and transfer of Financial Messaging Data from the European Union to the United States for the purposes of the Terrorist Finance Tracking Program (EU doc no: 11222/1/10, dated 24 June 2010, pdf).

- Declarations to be adopted upon the adoption of the Council Decision on signature of the TFTP Agreement (pdf): referring to the EU developing its own system for monitoring financial transaction related to terrorism

- Corrigendum (pdf).

See below for Background.

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