Joint Solutions: Gaining Insights into Banking Marijuana-Related Businesses

  • When: April 1, 2020
  • Time: 12PM – 2PM ET
  • Level: All

Marijuana-related businesses (MRBs) remain a complex compliance challenge in the face of regulatory and legislative uncertainty. Marijuana remains illegal under US law, while it’s partly or completely legal in other nations — an important issue in a world where cross-border transfers are normative. Meanwhile, cannabis is legal to varying degrees in 33 states — but, banking regulators draw a major distinction between banking cannabis proceeds versus those that flow from related businesses such as accessories and equipment makers and service providers such as couriers. This webinar guides attendees through the thicket of conflicting laws, mapping practical strategies for keeping anti-financial crime (AFC) and risk management robust in the face of continual change.

Learning Objectives

  • Mapping the current cannabis legal landscape, including state, federal and non-US laws to identify jurisdictional conflicts and institutional regulatory risks
  • Detailing differences across marijuana-related product lines such as legal hemp, illegal marijuana and CBD to guide onboarding decision-making
  • Reviewing relevant FinCEN guidance on banking MRBs and Marijuana Limited SARs to ensure risk models meet regulatory expectations

Who Should Attend

  • BSA/AML Officers
  • Examiners
  • Legal Advisors
  • Risk Managers
  • Onboarding and Front-Line Staff

Region/Industry

  • North America
  • Banking
  • Marijuana-Related Businesses
  • Regulatory Agencies

Sponsor

Refinitiv

Refinitiv

Pricing

ACAMS Members Non-Members
$245 $445
Register Now Join ACAMS

Speakers

  • Zane Gilmer

  • Partner
  • Stinson Leonard Street


Matthew Kramer
  • Matthew Kramer

  • Compliance Program Manager
  • Brinks

Bio

Matthew Kramer is a Compliance Program Manager at Brink’s Inc. where he oversees the AML Program and the global build-out of the Cannabis Line of Business. He has built a marijuana-related business AML program at a federally charted financial institution and has been speaking publicly on marijuana-related business program building for 3 years. He holds a bachelor’s degree from Penn State, an MBA from Southern Methodist University, and a CAMS certification.


Amanda McComb
  • Amanda McComb

  • Assistant Vice President
  • Safe Harbor Private Banking