REGULATORY DEVELOPMENTS
Tue, 09/29/2020 - 12:30pm-1:30pm
High Standards: Best Practices for Banking Marijuana-Related Businesses
- Conducting an institutional assessment to discern risk appetite and tolerance for banking or exiting accounts tied to cannabis-related businesses
- Mapping the complexities of state, federal and cross-sovereign legal regimes to identify and resolve potential regulatory conflicts
- Developing a multi-tiered MRB risk-mitigation strategy comprising tech-enhanced monitoring, informed staff training and robust updating as regulatory environments shift
Moderator:
Dan Stipano
Partner
Buckley LLP
Presenter:
Heather Allen
First Vice President, BSA Officer
Peoples Bank
Dan Roda
Co-Founder, Chief Executive Officer
Abaca
Michael S. Schidlow, CAMS-Audit
Expert Consultant in Financial Crime Compliance
Scienter Group LLC