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March 24, 2020
11:30AM-1:00PM

Remaining Compliant as Banking Cannabis Heats Up

Webinar Hosted by Nacha

March 24, 2020
11:30 AM-1:00 PM CT

6:30-8:00 AM HST
$199 Member/$398 Non-Member

As the revenue of cannabis-related businesses continues to grow, so do the risks associated with inconsistent regulatory guidance. Marijuana remains illegal at the federal level. However, in this $8 billion dollar industry financial institutions of all sizes now offer financial services to marijuana-related businesses. Therein lie the risks.

Know your customer (KYC) is important for any type of banking. In an industry still mostly regulated by individual states and getting more complex, it is crucial for FIs to KYC to manage and mitigate financial and regulatory risks. 

Join this webinar and learn the ins and outs of providing financial services to the cannabis industry, how financial regulators and law enforcement have approached this issue, and lessons learned from those on the frontlines of the legalized cannabis industry.

Gain Insight & Understanding

On this webinar, you will learn about:

Speakers:

Alan Hanson
Attorney, Gleam Law

Randall Lehner
Partner, Kelley Drye & Warren LLP

Jim Petkovits, AAP, APRP, NCP
VP, Education & Training, WesPay

Moderator: William D. Sullivan
Senior Director & Group Manager, Government & Industry Relations, Nacha

Register Now

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2020-03-24 11:30:00 2020-03-24 13:00:00 America/Detroit Remaining Compliant as Banking Cannabis Heats Up March 24, 202011:30 AM-1:00 PM CT6:30-8:00 AM HST$199 Member/$398 Non-Member As the revenue of cannabis-related businesses continues to grow, so do the risks associated with inconsistent regulatory guidance. Marijuana remains illegal at the federal level. However, in this $8 billion dollar industry financial institutions of all sizes now offer financial services to marijuana-related businesses. Therein lie the risks. Know your customer (KYC) is important for any type of banking. In an industry still mostly regulated by individual states and getting more complex, it is crucial for FIs to KYC to manage and mitigate financial and regulatory risks.  Join this webinar and learn the ins and outs of providing financial services to the cannabis industry, how financial regulators and law enforcement have approached this issue, and lessons learned from those on the frontlines of the legalized cannabis industry. Gain Insight & Understanding On this webinar, you will learn about: Assessing and addressing risks as the industry continues growing What is happening at a federal level, especially given that it’s an election year Practical compliance tips Insurance and individual liability Speakers: Alan HansonAttorney, Gleam Law Randall LehnerPartner, Kelley Drye & Warren LLP Jim Petkovits, AAP, APRP, NCPVP, Education & Training, WesPay Moderator: William D. SullivanSenior Director & Group Manager, Government & Industry Relations, Nacha ----