The European Parliament is preparing for a non-binding vote that could lead to the suspension of a major intercontinental data transfer agreement between the EU and the United States, Finextra reports.
The agreement, which relates to global anti-terrorism efforts and Swift international banking data, is in doubt due to revelations of secret NSA surveillance activities in member states. Home Affairs Commissioner Cecilia MalmstrÃ¶m said during a parliamentary session that further deliberation is needed.
"I am not satisfied with the answers I got so far," MalmstrÃ¶m remarked. "We need more information and clarity."
To learn more about the ongoing Swift debate, read the full report here.
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