As we transition into 2021, numerous states, including New Jersey, have legalized marijuana for recreational or medicinal use. Banks must consider the significant regulatory risk exposure as well as the sizable financial benefits. Attendees of this virtual event will:
- Learn how to implement the proper tools & programs to successfully manage Marijuana Related Business (MRB) customers
- Walk through the framework of an MRB & the various tiers
- Understand the customer due diligence procedures needed for plant-touching MRBs
- Identify potential impacts on your bank’s BSA program & how to mitigate risk
1 ACAMS Credit **Please note that ACAMS credit for this virtual event is available to members of the Chapter only.