Wednesday, April 18, 2007

Dutch banks publish statement on SWIFT data transfer

Yesterday, the Dutch banks published an advertisement in all newspapers on the SWIFT-case. This is the result of a silly debate between data protection authority and banks on this issue.

A silly debate because essentially there has not been a breaking of rules by the banks, nor by SWIFT. There has indeed been a lot of political arousal, but that is not the same as breaking the law. And politicians should be so smart not agree rules on the one hand (obliging banks to cooperate with the police) and play stupid on the other hand (be angry if the banks live up to those rules).