CIA can access EU bank records

David Leppard, Sunday Times

The Brussels agreement  comes into force in two months and requires the 27 EU member states to grant requests for banking information made by the US under its terrorist finance tracking programme.

In a little noticed information note released last week, the EU said it had agreed that Europeans would be compelled to release the information to the CIA “as a matter of urgency”. The records will be kept in a US database for five years before being deleted. Critics say the system is “lopsided” because there is no reciprocal arrangement under which the UK authorities can easily access the bank accounts of US citizens in America.

They also say the plan to sift through cross-border and domestic EU bank accounts gives US intelligence more scope to consult our bank accounts than is granted to law enforcement agencies in UK or the rest of Europe, where a judge must authorise a specific search after receiving a sworn statement from a police officer.

This weekend civil liberties groups warned that the programme, introduced as an emergency measure in 2001, was being imposed on Britain without a proper debate.

Shami Chakrabarti, director of Liberty, said: “The massive scope for transferring personal information from Europe to the US is worrying. No one is saying allies should not co-operate, but where is the privacy protection? Where are the judicial safeguards?”