Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-08-Speech-4-258"

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"en.20100708.17.4-258"2
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"The delegation of the PvdA (Dutch Labour Party) to the European Parliament endorses this agreement, in the hope that in the foreseeable future we will be able to see an end to the mass transfer of data relating to European citizens. The agreement states that Europe will develop its own system for the collection and sorting of bank details. That will offer the opportunity to individualise transfers. By keeping the data under our own supervision, we will be better placed to protect the rights of our citizens. The European Commission will submit a proposal to this effect within a year and we should be able to implement such a system of our own within three years. From that moment on, the issue of reciprocity will become relevant. Our European supervisors in the US will be able to verify what happens to any European bank details on a daily basis. Europol will be charged with the task of verifying and approving US requests. Under pressure from the European Parliament, the agreement which we have already concluded is coming up for review. We have not had all our wishes granted, but what we have achieved is a guarantee that the US will not be able to nose into our data just like that. The new agreement strikes a balance between protecting privacy and guaranteeing security. In the meantime, the fight against terrorism will remain our overriding concern."@en1

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