has generated significant intelligence that has helped detect terrorist plots and trace their authors, concludes the Commission in its report on the value TFTP
-provided data brings to counter terrorism investigations.
See Figures 1 and 2 for samples of these views for the TFTP
Although the government intended for this program to remain secret, on June 23, 2006, articles by the New York Times, Los Angeles Times, and Wall Street Journal brought the TFTP
and its use of SWIFT to the public's attention.
The US TFTP
remains a subject of controversy at the EP.
Pressure has been building recently in the European Parliament, which first vetoed the TFTP
agreement on the transfer of Europeans' banking (SWIFT) data to Washington.
It has to do so before SWIFT - which is based near Brussels and manages the interbank data of some 8,000 banks and financial institutions worldwide - is authorised to transfer the European data (Article 4 of the TFTP
agreement, on personal data protection).
The German politician had assured Washington in February that he was 'not in a position to influence the European Parliament's vote on the TFTP
,' the American counter-terrorism programme that entails access to European banking data.
It took two tries for the EU and the United States to renew the TFTP
, following the transfer of SWIFT's European data to the Netherlands.
On the strength of their new veto power for international agreements, MEPs triggered a brief diplomatic storm by rejecting an interim agreement, in mid-February, due to what they considered its insufficient data protection measures, stopping the TFTP
counter-terrorism programme in its tracks.