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Europe Daily Bulletin No. 9219

27 June 2006
Contents Publication in full By article 12 / 53
GENERAL NEWS / (eu) eu/jha
According to Commission, Swift has not broken European law

Brussels, 26/06/2006 (Agence Europe) - On Monday, the European Commission stated that the Belgian company Swift (Society for Worlwide Interbank Financial Telecommunication), which has an interim role to play in most international financial transactions, has not broken European law by informing the United States about international financial transactions it has facilitated. The Commission spokesperson stated that it is up to each Member State concerned to see whether this practice is legal....

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