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FinCEN Issues BSA/AML Guidance on Hemp-Related Businesses

June 29, 2020 at 05:42PM

The Financial Crimes Enforcement Network today issued guidance for financial institutions on how they can conduct due diligence on hemp-related businesses and on what types of information and documentation they may be required to collect from these businesses to comply with Bank Secrecy Act requirements.

The post FinCEN Issues BSA/AML Guidance on Hemp-Related Businesses appeared first on ABA Banking Journal.

via ABA Banking Journal https://bit.ly/31scQON

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