Monday, April 2, 2007

Banks Using Swift 'Meeting Their Obligations' Under Privacy Law

Bloomberg, Greg Quinn, 2 April 2007Canada's privacy commissioner said the country's six biggest banks and a Belgium-based industry cooperative didn't break privacy law by complying with U.S. subpoenas for customer records.The cooperative, known as Swift, ``did not contravene the Act when it complied with lawful subpoenas served outside the country and disclosed personal information about

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