State & Federal Regulators Issue Statement Regarding Banking & “Hemp Related Businesses” – No More SAR Reports
The Office of the Comptroller of the Currency (OCC) along with three other federal agencies and in conjunction with the state bank regulators have issued a statement clarifying the legal status of hemp growth and production and the relevant requirements under the Bank Secrecy Act… Read More
Read more in: General News, Politics, Legal & Regulation | Tagged banking, cannabis, fdic, federal reserve board, fincen, hemp, occ