25 May 2018
The United States and European Union will continue to work closely together to combat terror funding and money laundering, including through swift data sharing, following a meeting of top officials on justice and home affairs.
Representatives at the meeting in Sofia, Bulgaria, which currently holds the EU Presidency, discussed their joint efforts to combat terrorism funding and the flows of dirty cash.
They also spoke about the importance of ensuring the swift exchange of financial information and improving the effectiveness of financial investigations.
Also raised was the issue of security and law enforcement cooperation in cyberspace, “affirming the importance of allowing swift access to electronic evidence by law enforcement and judicial authorities, while also protecting privacy and civil liberties,” a European Commission statement explained.
The US was represented by the US Attorney General, Jeff Sessions, and the Acting Deputy Secretary for Homeland Security, Claire Grady, while the EU was presented by a number of senior figures, including the Commissioner for Justice, Consumers and Gender Equality Věra Jourová, the Commissioner for the Security Union Julian King.
Both the EU and US are set continue their discussions in the second half of 2018 in Washington, D.C.
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