See the full training here – https://store.bankerscompliance.com/link/BSAhempflash7-20
Kevin did more than “hope to accomplish”. He slayed the Flash Webinar today. Hemp Customer Due Diligence Update.
Now the agenda. What we are going to hope to accomplish today is to walk through, at a high level in about a half hour and talk through the difference between legalized marijuana and hemp. We’re going to talk through the guidance that’s available, where we have some concrete information and where you have to make your own program, so to speak. We’re going to go through the farm bill, and how that changed him in the last couple of years. And then also discuss how do you manage that risk. If you are participating in that aspect of the Ag world, you need to understand how it works so you can make sure you’re managing that risk appropriately. We’re going to discuss Enhanced Due Diligence because the guidance does say that a hemp producer is a high risk customer, so you need to manage them appropriately. And then we’re going to talk through some of the specific SAR expectations and red flags.
Need Free BSA-AML Tools? Check them out here – https://store.bankerscompliance.com/link/BSAFreeTools
Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them.
Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).