Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Event Detail

Event Description

It’s been a journey from the Farm Bill 2018 to the USDA regulations issued at the end of 2019. Where are we now? What is FinCEN’s position on hemp? During this program we will discuss, how to check your state statutes, understand where we are now both federally and on the state level with hemp. As the federal government makes way for a new brand of customers, we have to make decisions about banking hemp and what our policy and procedures would look like. FinCEN has BSA expectations but the good news is that these don’t include filing SARs on hemp customers and related businesses. This is a 2020 update on hemp and may help you shape your decisions about how to move forward as our states and government authorities set the parameters for banking this new industry.

The "Hemp Update! Many State Plans Now Approved" webinar has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Users must connect to the webinar individually and enter their name and email for reporting purposes. Accreditation is valid for one year from the date of the event. To receive a certificate, email bankwebinars@oncourselearning.com.

Highlights

  • Understanding the current USDA regulations
  • Learn how your state law can impact the decision to bank hemp customers
  • What is FinCEN’s position on hemp?
  • What would be the BSA considerations and risk to our financial institution
  • Writing your hemp policy
  • Build your questionnaire, risk assessment, CIP, Beneficial Ownership Procedures for Hemp growers and related businesses
  • Monitoring and measuring risk

What you will receive:

  • 50 state chart on marijuana and hemp

Who Should Attend?

BSA Officer, BSA staff, Compliance Officers, New Accounts, Loan officers and others who open accounts for hemp related businesses.

Instructions

Live Plus Five - $265
Register for the live event and get five days access to the OnDemand Playback. You'll have opportunity to ask questions during the presentation and be free to review the content for the next five business days. Registration also includes links to presenter materials, handouts, and pdfs.

OnDemand Recording Only - $295
Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.

CD-ROM and Hardcopy Handouts - $345

CD-ROM plus Hardcopy Handouts. Does not include live session.

Live Plus Six - $365
Attend live; includes six months access to OnDemand playback. Combine the advantages of live attendance with an unlimited number of replays for the next six months.

Premier Package - $395
Includes all three options above. Live session, OnDemand Weblink, and CD-ROM plus Hardcopy Handouts.

Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.

Webinar (02/02/21 10:00AM - 12:00PM)


Online Registration

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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