Description
• Analyzing relevant FinCEN guidance on banking MRBs to ensure risk models meet regulatory expectations and identify potential conflicts with applicable state laws
• Training front-line staff on typologies such as commingling of bankable and non-bankable proceeds in order to strengthen risk-based monitoring related to marijuana
• Formalizing periodic reviews of MRB policies and procedures to keep risk models current and reflect institutional risk appetite and recent regulatory or legal developments
Moderator(s):
- Lauren
A. Kohr,
CAMS-FCI,
Senior Vice President, Chief Risk Officer,
Old Dominion National Bank
Speaker(s):
