Checklist for Banking Cannabis-Related Businesses (CRBs)
Remain Compliant While Preparing to Bank Cannabis
As cannabis continues to be legalized by states across the country, more financial institutions are seeking guidance on how to bank cannabis-related businesses while staying compliant with their regulators. This checklist compiles some essential concepts into a quick one pager to help you ensure that your BSA/AML program is fully prepared to handle this change successfully.
Download to learn:
- How to adjust customer due diligence
- When to conduct risk assessments
- The need for an exit plan
- The importance of an open dialog with your front line and examiners