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Transfer of US citizens' bank data sparks debate in Brussels court

By Matthew Newman ( October 22, 2025, 15:45 GMT | Insight) -- A lawyer for the Belgian government asked a Belgian court to annul a decision by the country’s privacy watchdog that found that the transfer of personal banking data to the US under a bilateral agreement violates the bloc’s privacy rules. The case is closely watched because a ruling against the FATCA regime could also be applied to all automatic exchanges of information between European countries and the US.A lawyer for the Belgian government asked a Belgian court to annul a decision by the country’s privacy watchdog that found that the transfer of personal banking data to the US under a bilateral agreement violates the bloc’s privacy rules....

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