Despite the challenges, FCIS
already has tools built within its system to help its credit union client be compliant with the rules, Graham said.
The MLTFPL requires financial institutions to submit to the FCIS
information about the following transactions: (1) when the total amount of the customer's transfer in cash or of several interrelated transfers in cash exceeds 15,000 EUR (approximately $22,180), or the corresponding amount in foreign currency; (2) when cash exchanges exceed 6,000 EUR (approximately $8,872), or the corresponding amount in foreign currency; or, (3) when performing internal or international remittance transfer services in amounts in excess of 600 EUR (approximately $887), or the corresponding amount in foreign currency.
Duquesne has four standalone Pentium-class Dell servers (named for famous educators Socrates, Dewey, Wolf and Sagan) running FCIS
On March 22, Palaitis appointed FCIS
officer Kestutis Jucevicius to head the FCIS
The crowd, which demanded the resignation of Palaitis and criticized Grybauskaite for her role in the FCIS
scandal, consisted mostly of HU-LCD sympathizers, although the rally was organized by 'private' persons, such as Darius Kuolys, director of the Civil Society Institute, and Naglis Puteikis, HU-LCD MP and a member of the parliament's anti-corruption commission, which investigated the firing of Gailius and Girzadas and criticized the firing.
Based in London, Ron Wells, CCE, ACMA, ACIB, FCIS
is credit executive, Eastern Hemisphere Global Trading, for ChevronTexaco Corporation.
Soon after the Polish march rushed from the outskirts of the parliament building, another rally demanding the reinstatement of the fired FCIS
In February, Grybauskaite and Palaitis decided that General Vitalijus Gailius, director of the Financial Crime Investigation Service (FCIS
), and Vytautas Girzadas, Gailius' deputy, should be fired on the basis of information from the State Security Department stating that both heads of FCIS
could be responsible for a leak to the media about the Lithuanian government's plan to take over Snoras Bank on the eve of that takeover back in November.
Gailius said that Grybauskaite phoned him and demanded that he fire Girzadas, although she has no constitutional right to interfere into the work of FCIS