A new bill that would make it easier for financial institutions to provide services to “marijuana-related businesses” has passed the U.S. House of Representatives 321-103 with strong bipartisan support....more
10/17/2019
/ Anti-Money Laundering ,
BSA/AML ,
Decriminalization of Marijuana ,
FDIC ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Proposed Legislation ,
Regulatory Agenda ,
RICO
The quasi-legal status of marijuana in today’s United States is raising serious questions about federalism and enforcement for U.S. financial institutions. It is well known that marijuana is still classified as a Schedule I...more
2/26/2019
/ Bank Secrecy Act ,
Cole Memorandum ,
Compliance ,
Controlled Substances Act ,
Corruption ,
Decriminalization of Marijuana ,
Ethics ,
Financial Institutions ,
FinCEN ,
Marijuana ,
Marijuana Related Businesses ,
Money Laundering ,
Popular ,
RICO
Venezuela is undergoing a political upheaval. Since his rise to power in 2013, the embattled Venezuelan President Nicolás Maduro has precipitated a humanitarian crisis that has driven some 3 million Venezuelans to flee...more