The Secure and Fair Enforcement Banking (SAFE) Act and the Protections It Provides
Duration : 60 Minutes
Thomas E Nollner,
Thomas E Nollner is keynote speaker at Compliance Key, Inc he has more than 38 years of experience in financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner (NBE) for the Comptroller of the Currency where he was a safety and soundness examine Read more
This webinar will discuss the background and purpose of the proposed Secure and Fair Enforcement (SAFE) Act .
In this session, You will learn how a depository institution will be provided with a safe harbour when dealing with a cannabis-related legitimate business or service provider, the protections in place for ancillary businesses, the protections under federal law, the requirements of filing a suspicious activity report, and the guidance and examination procedures outlined for regulators.
The presentation will explain how financial institutions can provide banking services to a cannabis-related legitimate business or service provider and not be criticized by their government regulator.
Course Objectives:
This webinar will provide you with information regarding the purpose of the Secure and Fair Enforcement (SAFE) Act of 2019. You will learn:
• Why the Act was proposed
• How the Act will affect a financial institution
• How regulators will view a financial institution's involvement with a cannabis-related legitimate business or service provider
• How to file suspicious activity reports related to activity involving a cannabis-related legitimate business or service provider, and regulators will enforce the Act
Why Should You Attend:
You should attend this webinar so that you understand the purpose of the Secure and Fair Enforcement (SAFE) Act of 2019.
By understanding why the Act was proposed, how the Act affects a financial institution, how regulators will view a financial institution's involvement with a cannabis-related legitimate business or service provider, how to file suspicious activity reports related to activity involving a cannabis-related legitimate business or service provider, and understanding how regulators will enforce the Act provides attendees with the skills, knowledge, and information they need to ensure that their financial institution complies with the requirements of the Act.
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Banking/Financial Industry: Risk Managers, BSA/AML Officers, Suspicious Activity Officers, Compliance Professionals, Auditing Professionals
• Cannabis Industry: Front line employees and all levels of management
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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