About this document
BSA Guidance on Marijuana Businesses by HuffPost Politics is a document available to read on EtoBox.
- The document provides guidance from FinCEN clarifying how financial institutions can provide services to marijuana-related businesses in compliance with their Bank Secrecy Act obligations. - It outlines customer due diligence procedures financial institutions should take which include verifying state licensure and monitoring for suspicious activity. - It states that financial institutions must file Suspicious Activity Reports for transactions involving marijuana businesses as federal law still prohibi
- Author
- HuffPost Politics
- Language
- EN