Swift Agreement Definition

Although some SWIFT executives expressed reservations, they saw the measure as a temporary way to support the investigation into the terrorist attacks from the 11th to the 11th (Light Blue and Risen 2006) The US Treasury assured SWIFT that the data was only used for terrorism investigations. The use of the data for investigations of tax fraud, drug trafficking or other investigations would be prohibited. However, the U.S. Treasury`s definition of terrorism is quite broad: ”. the fight against terrorist attacks against the United States that took place after September 11, 2001 and a comprehensive network of cells that would pose a risk of increased violence against U.S. nationals, property and interests and domestic and foreign interests.”17 Terms and conditions, programs and policies relating to the relationship between swift and its customers. . . .