MEPs demand explanation on US plan to monitor all money transfers

The EU commission and MEPs have requested clarifications from Washington on reported plans to expand an anti-terrorism programme targeting financial transactions - a move that would render void the long-debated "Swift agreement" enacted in August.

"We urgently seek clarifications from the US if these plans are an infringemet of the Swift agreement and the EU commission promised to demand further information on it," Dutch Liberal MEP Sophie in't Veld told this website on Monday evening (...