RELEASE DATE: AUGUST 30, 2021
DURATION: 40 MINUTES
FinCEN and the Department of Justice provide guidance in regards to Marijuana Related Businesses and BSA requirements. You will hear about the core requirements for BSA, as well as various red flags associated with Marijuana Related Businesses.
Is your credit union interested in banking Marijuana Related Businesses (MRBs) but unsure of how to get started? Ceedra Allen, MBA, CUCE, Compliance Officer with ViClarity will walk you through federal highlights impacting banking MRBs including the risks that they entail. This webinar will cover BSA account opening processes (EDD, CDD account monitoring, etc.), The Cole Memorandum, FinCEN guidance, MRB related SAR Filing, Risk Assessments and more!
MEET THE PRESENTER
Ceedra Allen, MBA, CUCE
With over 10 years of financial services experience, Ceedra Allen, Compliance Officer, is experienced in regulatory compliance, risk, and operations. As part of the League Compliance Support Team, she facilitates training and provides state and regulatory guidance to our ViClarity’s affiliated credit union leagues and partners.