New submitter mrspoonsi writes with this news, excerpted from the BBC: "The European Parliament has voted to suspend the sharing of financial data with the U.S., following allegations that citizens' data was spied on....The European Parliament voted to suspend its Terrorist Finance Tracking Program (TFTP) agreement with the US, in response to the alleged tapping of EU citizens' bank data held by the Belgian company SWIFT. The agreement granted the U.S. authorities access to bank data for terror-related investigations but leaked documents made public by whistleblower Edward Snowden allege that the global bank transfer network was the target of wider U.S. surveillance."
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