It’s been an eventful week for the marijuana industry. After years of false starts, New York legalized the use of recreational marijuana on March 31 - just hours later, New Mexico legislators passed a bill to do the same....more
4/5/2021
/ Banking Sector ,
Canada ,
Coronavirus/COVID-19 ,
Decriminalization of Marijuana ,
Financial Institutions ,
Marijuana ,
Marijuana Related Businesses ,
Mexico ,
New Legislation ,
Recreational Use ,
SAFE Act ,
State and Local Government ,
Tax Revenues
Anti-money laundering (“AML”) issues have been a focus of regulators and law enforcement for the past decade and will likely continue to be a priority issue area for the Biden Administration. The AML landscape is shifting...more
2/12/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Beneficial Owner ,
BSA/AML ,
Customer Due Diligence (CDD) ,
Financial Institutions ,
FinCEN ,
Money Laundering ,
NDAA ,
Patriot Act ,
Risk Assessment ,
Suspicious Activity Reports (SARs)