Opening Accounts for Marijuana Related Businesses:
CIP, CDD, Risk and Monitoring
33 states now have marijuana statutes of some sort. Are you
going to bank this industry? How will you bank this industry?
What is going on at the federal level?
All of these questions will be addressed during this program
on how to bank marijuana related businesses (MRBs) and the risk
it entails. Don’t miss this program. It is a must for those in
the 33 states and those who are pending. We will cover any
pending or final federal legislation.
Covered Topics:
- Federal Law and status
- Cole Memorandum revoked
- FinCEN Guidance
- Filing SARs on MRBs
- Tier 1, 2 and 3 levels of MRBS
- State law implications
- Risk Assessments
- Developing the new account interview
- And much much more…
Who Should Attend?
BSA Officers, Compliance Officers, New Account
Representatives, Commercial Officers and Training.
Instructor
Deborah Crawford is the President of
Gettechnical Inc., a Virginia based training company. She specializes
in the deposit side of the financial institution and is an instructor
on IRAs, BSA, Deposit Regulations and opening account procedures.
She was formerly with Hibernia National Bank (now Capital
One) and has bachelor's and master's degrees from Louisiana State
University. She has 30+ years of combined teaching and banking
experience.
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