Computer watchdog snaps at US

12th June 2007, Comments 0 comments

PARIS, June 12, 2007 (AFP) - France's computer technology watchdog Cnil denounced Tuesday an alleged lack of transparency with regard to US control of financial transactions via the global system known as Swift.

PARIS, June 12, 2007 (AFP) - France's computer technology watchdog Cnil denounced Tuesday an alleged lack of transparency with regard to US control of financial transactions via the global system known as Swift.

The Society for Worldwide Interbank Financial Telecommunications was founded in 1973 by banks in 15 countries to manage international data transfers but has been accused of violating individual privacy by providing information to US authorities.

Cnil president Alex Turk said: "It is urgent to obtain true transparency because there is a question of economic espionage" raised by control of Swift movements by the US Treasury and the CIA after the September 11 terror attacks.

In Europe, Swift was accused in November 2006 by Cnil counterparts in 29 countries of having set up a surveillance system able to control millions of data transfers.

"The Cnil does not call Swift's legitimacy into question but its use in the fight against terrorism is another matter," Turk said.

The issue would be raised with new French Finance Minister Jean-Louis Borloo, Turk added.


COpyright AFP

Subject: French news

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