Skip to content

Are marijuana-related businesses going interstate?

Answered by: 

Question: 
How much due diligence is required to effectively manage the risk of banking MRBs?
Answer: 

It depends on your risk assessment of the relationship. You must look at the federal, state, county and city requirements/ ordinances as part of the initial and ongoing risk assessment. Your risk assessment affects the level of due diligence appropriate for each client.
-----------------------------
Learn more about Victor Cardona’s webinar The HIGHs of Banking Marijuana Related Businesses

First published on 08/07/2016

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics